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What are the functions of the service sector of economy?

what are the function of the service sector of the economy


Why oxfam is in tertiary sector?

it is in the tertiary sector, which is also known as the service sector, as it is offering a service to everyone!


What is the function of a financial sector?

To facilitate production in the real economy


Why productivity is difficult to improve in service sector?

Improvement in the productivity service sector is difficult because of the key elements like; value of money, growth of the economy and also the satisfaction of the costumers, these are some of the reasons why it is too difficult to obtain a higher improvement in the service economy. Attaining such criteria in the output of the service is not an easy task. Pressure coming from the costumer will lead to the service provider more often to commit errors. Thus, a proper inter relation between the two might be a formula to gain a successful outcome.


How manufacturing sector differ from service sector?

Manufacturing is one where in production process service orientations is done where in service sector is to completely to serve with service and no production involved in this process.


Internet banking comes under which sector?

service sector (tertiary sector)


What is Difference between service sector and non service sector?

Service sector implies providing the service directly to the end user/customer and would include employment such as waiter/waitress or taxi driver. Non-service sector would include assembly line worker or farmer.


What is the contribution of service sector to the GDP of India?

The service sector accounts for 57 percent of India's GDP. The service sector also employs 27 percent of India's workforce.


Is retail sector coming under service sector or not?

RETAIL sector comprise of sales of goods or services to the end user. as such it is a service sector which connotes a service function in terms of distributing goods and services to end-user.


Which sector contributes maximum for indian gdp?

service


Six sigma principles apply to manufacturing and which of the following?

Public sector education


What is the catering service sector?

the catering service sector is also know as the publice sector in this sector is schools colleges unis hospitals the mental heath clincs also prisons hope this helps benjamin wadlow