answersLogoWhite

0

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

User Avatar

Wiki User

14y ago

What else can I help you with?