Gourt > Business > Opportunities > Inventions > Products and Services (9)
- 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.
More on [ Service ]
G7 nations pledge to fight crisis
Fri, 10 Oct 2008 23:37:16 -0000
Top finance ministers promise to take "decisive action and use all available tools" to tackle the world economic crisis.
Venezuela shuts down McDonald's
Fri, 10 Oct 2008 15:04:09 -0000
Venezuela shuts all branches of restaurant chain McDonald's for 48 hours, citing tax irregularities, officials say.
UK PM demands fuel price cuts
Fri, 10 Oct 2008 21:17:03 -0000
UK Prime Minister Gordon Brown calls for falls in the price of oil to be passed on to consumers 'as quickly as possible'.
NYT > World Business
Stocks Nearly Even After Wild Swings
Fri, 10 Oct 2008 20:03:49 -0000
The market fluctuated as finance ministers and central bankers gathered for a crucial meeting in Washington and President Bush spoke on the crisis.
Oil Closes Below $78 as Demand Forecast Is Cut
Fri, 10 Oct 2008 19:39:58 -0000
Oil prices fell to their lowest level in more than a year as the slowing global economy led the International Energy Agency to cut its forecast for global demand.
Credit Squeeze Takes Hold in Europe
Fri, 10 Oct 2008 19:35:03 -0000
Small businesses struggle to pay suppliers and big businesses retrench as banks clamp down on lending.
Ideation International - Providing resources to help with the essential functions of innovation.
Meta Description: [ TRIZ-based innovation services/training/software. A science for creative thinking, TRIZ helps you solve complex problems systematically. ]
Oklahoma Inventor's Assistance Service - A non-profit service to assist inventors through education, information, and referrals.
| Prodigy Technology Products and Services are explored relative to their roles within the Prodigy Technology E-learning ... | |
| Next Video | |
