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What is a consumer and producer service?

A consumer is someone who purchases goods and services to satisfy their needs and wants.Service: Good pre-sales and after-sales service makes you feel like you are a valued customer and consequently, you will keep buying that product or going back to the particular store. Poor service can have the opposite effect.Producer services are services sold to a producer.In the older economic order most large firms produced all their services (such as: advertising, maintenance, sanitation, business consulting, auditing, and engineering) "in house". Most large firms in the 1970s began to "unbundled" these services in an effort to become more economically efficient. Large firms today buy (contract out) these services from smaller highly specialize firms. These highly specialized firms sell what economist call producer services.somthing nessesarry for a persons servival


What is a consumer in an economic system?

An economy that depends on a large amount of spending by consumers


What is markets in which firms sell their output of goods and services?

The product market is the market in which firms sell their output of goods and services.


Households pay firms for goods and services. Firms supply households with goods and services. The purchase and supply of goods and services takes place in the?

product market


Households pay firms for goods and services. Firms supply households with goods and services. The purchase and supply of goods and services takes place in the .?

product market

Related Questions

Whole salers are firms that sell driectly to the consumer?

Retailers are firms that sell directly to the consumer, wholesalers are the firms that supply the retailers goods to sale to the consumers.


What is a consumer and producer service?

A consumer is someone who purchases goods and services to satisfy their needs and wants.Service: Good pre-sales and after-sales service makes you feel like you are a valued customer and consequently, you will keep buying that product or going back to the particular store. Poor service can have the opposite effect.Producer services are services sold to a producer.In the older economic order most large firms produced all their services (such as: advertising, maintenance, sanitation, business consulting, auditing, and engineering) "in house". Most large firms in the 1970s began to "unbundled" these services in an effort to become more economically efficient. Large firms today buy (contract out) these services from smaller highly specialize firms. These highly specialized firms sell what economist call producer services.somthing nessesarry for a persons servival


What is a consumer in an economic system?

An economy that depends on a large amount of spending by consumers


What is markets in which firms sell their output of goods and services?

The product market is the market in which firms sell their output of goods and services.


Households pay firms for goods and services. Firms supply households with goods and services. The purchase and supply of goods and services takes place in the?

product market


Households pay firms for goods and services. Firms supply households with goods and services. The purchase and supply of goods and services takes place in the .?

product market


What are threats of new entrants?

A new entrant represents firms and individual coming into a market with products and services potentially disruptive to the current system. This presents a threat to the business model and products of present, or legacy firms. However, what is a threat to the legacy firms represents a gain to the options and buying power made available to the consumer.


What firms provide the most comprehensive business consulting services?

There are a plenitude of firms that offer comprehensive business consulting services. Some of the top rated firms include: Wolf Motivation Consultants, Oracle, and Global Business Services.


Households pay firms for goods and services Firms supply households with goods and services the purchase and supply of goods and services takes place in the?

It's Product Market.


In which type of economy are choices made by consumers?

market


What are the major functions of securities firms?

Securities firms facilitate the buying and selling of financial securities such as stocks, bonds, and derivatives. They provide investment advice, underwriting services for new securities issuance, brokerage services for investors, and market-making activities to provide liquidity to financial markets. Additionally, securities firms often offer research and advisory services to help clients make informed investment decisions.


Where can one find program management services?

Program management services are best found through outside consulting services from firms such as Deloitte. Most large consulting firms will have services for program management.