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What could be seen as the difference is that the service industries are respondsible for d production of services for human both tangible and intangible service while production industries are responsible for invention of both goods and services to satisfy human unlimited wants
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What is difference between goods producing industries and service producing industries?
Goods are typically tangible items, For example, produce, lumber, TVs, other home appliances, department stores etc. Services might include, house cleaning, landscaping, insurance companies, etc. In other words they are providing a service for a fee.
What's the difference between margin and markup when calculating pricing for products or services?
Margin is the percentage of profit made on a product or service, calculated as the difference between the selling price and the cost of production divided by the selling price. Markup, on the other hand, is the percentage added to the cost of production to determine the selling price. In essence, margin is based on the selling price, while markup is based on the cost of production.
What are the implications of differences of goods and services relative to managing operations?
One major difference of product and service industries from an operations perspective is the degree of customer contact present. This makes scheduling very difficult in service industries as they cannot build up inventories and are very demand sensitive. In this same way service industries are very sensitive to inputs as each process can have very different inputs which require very different processes. Measurement of productivity and quality assurance are much harder to measure in service industries as measurement is not a simple quantity measure as it is in product industries, and quality must be measured as services are delivered and cannot be inspected beforehand. All of these differences make it much harder for operations managers in service industries to make projecting and measurements of processes within their organizations.
Discuss difference between a good and a service?
Buy a new pair of shoes and you are buying a good. Have your shoes repaired and you are buying a service.
What is the difference between cost centre and cost unit?
cost centre is a production or service location, function, activity or item of equipment for which costs are accumulated(i.e stores,canteen, farm, personnel) cost unit is a unit of product or service in relation to which costs are ascertained(i.e typewriter,thousand of washers)
What is the difference between customer delight and customer service?
•difference between service and delight
What is difference between desired service and adequate service?
the difference between the two is the zone of tolerance
What is the difference between service provider and network provider?
what is the difference between a file server and a internet service provider
What's the difference between civil service and public corporation?
Difference between Public Corporation and Civil Service
What is the difference between serve and service?
serve and service
Define management and contrast the nature of management in 1service and production industries 2private and public sector organizations?
Define management and contrast the nature of management in (i) service and production industries; (ii) private and public sector organization.
What is the difference between a self service business and a self selection business?
What is the difference between a self service and a self selection
What is the difference between customer service standard's policies and procedures?
Difference between Customer Service Standards and Policies and Procedures
What is the difference between service and program?
What is the difference between production overhead and non-production overhead?
Production overhead are overhead items necessary to produce your product or service, such as the square footage necessary to house your production equipment and area. Non-production overhead will include items not directly related to production, such as advertising & garbage collection, for example.
What has the author Bill Hollins written?
Bill Hollins has written: 'Managing service operations' -- subject(s): Management, Production management, Service industries, Work design
What is the difference between silver service and french service?
Nothing is different
