Service: Difference between revisions

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{{Learning concept
{{Learning concept
|Description=A service is an intangible product with the following characteristics: (1) Intangible product, (2) produced and consumed at same time, (3) often unique, (4) high customer interaction, (5) has inconsistent product definition, (6) often knowledge-based and (7) frequently dispersed.
|Description=A service is an intangible product with the following characteristics: (1) Intangible product, (2) produced and consumed at same time, (3) often unique, (4) high customer interaction, (5) has inconsistent product definition, (6) often knowledge-based and (7) frequently dispersed.
Any activity or benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything.
|Wikipedia reference=http://en.wikipedia.org/wiki/Service_%28economics%29
|Wikipedia reference=http://en.wikipedia.org/wiki/Service_%28economics%29
}}
}}

Latest revision as of 13:53, 13 January 2014

Description

A service is an intangible product with the following characteristics: (1) Intangible product, (2) produced and consumed at same time, (3) often unique, (4) high customer interaction, (5) has inconsistent product definition, (6) often knowledge-based and (7) frequently dispersed.

Any activity or benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything.

Concept Prerequisite

Wikipedia Reference

http://en.wikipedia.org/wiki/Service %28economics%29

Learning Material

Covered in Topic(s)

 
Introduction to Operations
Products Services and Brands: Building Customer Value