This article is about a term used in economics. For other uses, see service (disambiguation).

In economics and marketing, a service is the non-material equivalent of a good. Service provision has been defined as an economic activity that does not result in ownership, and this is what differentiates it from providing physical goods. It is claimed to be a process that creates benefits by facilitating either a change in customers, a change in their physical possessions, or a change in their intangible assets.

By supplying some level of skill, ingenuity, and experience, providers of a service participate in an economy without the restrictions of carrying stock (inventory) or the need to concern themselves with bulky raw materials. On the other hand, their investment in expertise does require marketing and upgrading in the face of competition which has equally few physical restrictions.

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LodgeNet Realigns Its Business Into Three Operating Divisions - MarketWatch
Wed, 27 Aug 2008 19:09:31 -0000
LodgeNet Realigns Its Business Into Three Operating DivisionsMarketWatch - Aug 27, 2008In his new role, Mr. Young will be responsible for all aspects of the day-to-day management of the Company's Hospitality business division, which spans more ...
PAR Technology Corporation Names New President for PAR Springer ... - MarketWatch
Wed, 27 Aug 2008 11:34:28 -0000
PAR Technology Corporation Names New President for PAR Springer ...MarketWatch - Aug 27, 2008Mr. Springer-Miller will stay on with the Company as a key strategic advisor to PAR's growing hospitality business. "I believe there is no better person ...
LodgeNet to Realign Its Business Into Three Operating Divisions ... - RTT News
Wed, 27 Aug 2008 19:12:48 -0000
LodgeNet to Realign Its Business Into Three Operating Divisions ...RTT News, NY - Aug 27, 2008In the new role, Young would be responsible for all aspects of the day-to-day management of the company's Hospitality business division. by RTT Staff ...
Wente Vineyards at 125: Five generations in Livermore Valley as ... - Bizjournals.com
Fri, 29 Aug 2008 21:10:53 -0000
Wente Vineyards at 125: Five generations in Livermore Valley as ...Bizjournals.com, NC - 1 hour agoIf you are already a East Bay Business Times subscriber please create or sign into your bizjournals.com account to link your valid print subscription and ...Wente Vineyards at 125: Five generations in Livermore Valley as ... East Bay Business Timesall 12 news articles
IGT Media Holdings Unveils a First-of-Its-Kind Restaurant ... - MarketWatch
Thu, 28 Aug 2008 17:35:09 -0000
IGT Media Holdings Unveils a First-of-Its-Kind Restaurant ...MarketWatch - Aug 28, 2008MIAMI, Aug 28, 2008 (BUSINESS WIRE) -- After more than 30 years of impressive agency history in media buying and promotional marketing, IGT Media Holdings ...
Celebration of Excellence to Honor Distinguished CHA and MHS Designees - Hospitality Net (press release)
Fri, 29 Aug 2008 21:03:50 -0000
Celebration of Excellence to Honor Distinguished CHA and MHS DesigneesHospitality Net (press release) - 1 hour agoCichy, professor and director of The School of Hospitality Business at Michigan State University, served director of educational services for the ...

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