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It could be that countries are slowly outsourcing their jobs to LDCs and NIEs so the DC economies can focus on the higher level economic activities, resulting in a rise of the service sectors.

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Scope of advertising in E-Commerce in service sector?

The scope of advertising in e-commerce within the service sector is extensive, as it enables businesses to reach a global audience with targeted marketing strategies. Digital platforms allow for personalized advertising based on consumer behavior, preferences, and demographics, enhancing customer engagement and conversion rates. Additionally, the rise of social media and influencer marketing provides innovative avenues for service providers to showcase their offerings and build brand loyalty. Overall, effective e-commerce advertising can significantly boost visibility and sales in the competitive service industry.


What causes decline in sale of products?

There are many reasons, but right now, in 2012, we are going through the rise of prices, so many people are being watchful of their money and where it is going. That means that they won't spend too much on 'extras'.


Why many people talk about customer service?

Many people discuss customer service because it directly impacts their experiences with businesses and influences their loyalty and satisfaction. Positive interactions can lead to repeat business and referrals, while negative experiences can result in complaints and lost customers. Additionally, with the rise of social media, customers feel empowered to share their experiences, amplifying the importance of effective customer service. Ultimately, businesses that prioritize customer service often see improved reputations and financial success.


How is the value of a good or service determined?

The value of a good or service is primarily determined by the interplay of supply and demand in the market. When demand exceeds supply, prices tend to rise, reflecting higher value. Conversely, if supply surpasses demand, prices may fall, indicating lower value. Additionally, factors such as production costs, consumer preferences, and competition also influence the perceived value of goods and services.


How is the value of good or service determined?

The value of a good or service is primarily determined by the interplay of supply and demand in the market. When demand for a product exceeds its supply, prices tend to rise, indicating higher value. Conversely, if supply outstrips demand, prices may fall, reflecting lower value. Additionally, factors such as consumer preferences, production costs, and market competition also influence perceived value.

Related Questions

What is Age of automation and rise of the Service Sector?

unionize farm workers, service workers, and public employees.


The rise of Which part of the economy has hastened the decline of organized labor?

service sector


The rise of which part of the economy has the hastened the decline of organized labor?

service sector


How much money did Rise of the Guardians gross worldwide?

Rise of the Guardians grossed $306,900,902 worldwide.


What are the basic reasons that Indian service sector is growing?

The Indian service sector is growing primarily due to rapid advancements in technology, which enhance efficiency and enable the delivery of a wide range of services. Additionally, the rise of a skilled workforce, particularly in IT and business process outsourcing, has attracted global companies to India. Economic liberalization and increased foreign investment have further fueled growth, while a burgeoning domestic market driven by urbanization and rising incomes also contributes significantly to the sector's expansion.


How much money did Rise of the Planet of the Apes gross worldwide?

Rise of the Planet of the Apes grossed $482,860,185 worldwide.


How much money did The Rise and Fall of Miss Thang gross worldwide?

The Rise and Fall of Miss Thang grossed $401 worldwide.


What is causing worldwide sea levels to rise?

global warming


Where is east sector of a rectangular condo layout?

You can use a compass to find the east sector of the unit in question, if there is no window and you cannot watch the sun rise.


What are the major changes ocurring in service sector?

The service sector is undergoing significant transformations driven by digitalization, automation, and changing consumer preferences. Increased reliance on technology, such as artificial intelligence and cloud computing, is enhancing operational efficiency and customer experience. Additionally, there is a growing emphasis on personalization, sustainability, and remote service delivery due to the rise of remote work and online platforms. These changes are reshaping how services are offered and consumed across various industries.


Why did the secondary sector decline in the 1980?

The decline of the secondary sector in the 1980s, particularly in developed countries, was primarily due to the shift towards globalization and the rise of the service sector. Many manufacturing jobs moved overseas in search of cheaper labor and production costs, leading to deindustrialization in regions heavily reliant on manufacturing. Additionally, advancements in technology and automation reduced the need for manual labor in production processes, further contributing to the decline in the secondary sector.


What is the primary factor contributing to the rise in sea levels worldwide?

The primary factor contributing to the rise in sea levels worldwide is the melting of polar ice caps and glaciers due to global warming caused by human activities.