Service Industry

Service Industry

Generally, the Service industry is an industry that provides services rather than tangible objects. In other words, Service industries are the industries that primarily earn revenue by providing intangible products and services. It is a business that does work for a customer, and occasionally provides goods but is not involved in manufacturing. They are involved in retail, transport, distribution, food services, as well as other service-dominated businesses. It is an industry such as banking or insurance that provides a service but does not produce anything. For starters, this industry is normally defined as a business that does work for a client but is not concerned in built-up. Real life examples would be: House moving services, Computer repair services, Grocery delivery services, House cleaning services, Party Planning services, Lawyers, Private surgeons, Travel planning services and many more.

A service industry is an industry that produces assessment is that mainly intangible such as client service, administration, advice, design, and experiences. Examples of this include accounting, education, health care and hospitality. Simply think about things are useful and have been done for you without it actually being a physical product.

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