Service

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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.

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