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What else can I help you with?
Why is insurance intangible?
Because it's a service, not a physical product that you can touch
What is a product policy?
A product policy is a set of rules on how a product or service is promoted to consumers. A product policy would generally contain information about the product and how it would benefit the target audience.
What service industry is an important part of the Swiss economy?
tourism
Can a product be a service?
NO! A product is different from service. An example of product is Milk, Mobile phone, TV, Car, etc. An example of service is insurance, medical care (but medicine is product), etc. The government marks use for service is SM, which stands for service mark, while for product it is TM, which stands for Trademark.
What determines a price of a good service?
The price and quantity are generally determined by the demand for the products, e.g the desire by consumers to purchase them. Generally, the greater the demand, the higher the price, and the greater the quantity that will be produced for sale.
What type of industry is tourism?
Generally speaking, tourism is a service industry.
What is the meaning of tourism product?
tourism product are the product of tourism sector which is a necessity for the tourist during their travel activity. it is not like other product but having unique feature. it rather can be say as the amalgamation of services of different type. Example: package tour, accommodation service, transportation service, guiding and shopping etc. skpsmile@gmail.com
Why tourism is said to be smokeless industry?
Very interesting question.. Industry means the place which creat smoke after manufacturing a product. But tourism industry is not a product industry. tourism industry is service industry & service industry never can be smoke throwing. Travel agencies product is tour & to make a tour smoke does not take places, thus Tourism industry is smokeless industry.
What is the difference between physical product n service product?
Following are the Difference between physical product and services product Physical product realiability aesthetics adaptability usability functionality approprateness Services Product friendliness safety biling responsiveness to requests appearance of physical facilities approachability of the service provider willing to listen to customer honesty and an ability to communicate in clear language
Why is insurance intangible?
Because it's a service, not a physical product that you can touch
Is tourism a service or an industry?
service
What are the elements of a tourism product?
resource elements,public conception/understanding,visitor activities,inviolate belt,service zone and price.
What are the Element of tourism product?
resource elements,public conception/understanding,visitor activities,inviolate belt,service zone and price.
6 p's of marketing?
People Process 7th : Physical Envidence: The physical environment where is product or service is delivered
6 p's of marketing mix?
People Process 7th : Physical Envidence: The physical environment where is product or service is delivered
What is a product policy?
A product policy is a set of rules on how a product or service is promoted to consumers. A product policy would generally contain information about the product and how it would benefit the target audience.
Why is tourism known as tertiary industry?
Tourism as a service industry comprises of several allied activities which together produce the tourism product. Involved in the tourism product are three major sub-industries. They are: -1. Tour operators and travel agents.2. Accommodation sector (hotel and catering) and3. Passenger accommodation.Also, the following points justify the nature of tourism as a service industry-1. Tourism accounts for nearly 6% of world trade.2. Bulk of tourism business is located in Europe and North America., with 1/8 of the market being shared between the other regions.3. The highest growth rate in tourism in recent years has been in the third world.4. Tourism, like most pure services, because of the character of inseparability, exemplifies a product, which cannot be sampled before purchase; the prospective consumers have to travel to a foreign destination in order to consume the product.5. The major players in the tourism market include a number of intermediary companies. Some of them transnational in character, some of them exhibit vertical integration, both backward and forward, acquiring interests in all major sectors of this service industry.
