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The Service Business or tertiary sector of the economy (also referred to as the service sector) is one of the three financial sectors, the others being the secondary sector (roughly the same as manufacturing) and the primary sector (agriculture, fishing, and extraction corresponding to mining).
The service sector consists of the "gentle" parts of the economic system, i.e. activities where people offer their information and time to improve productivity, efficiency, potential, and sustainability. The basic characteristic of this sector is the production of providers instead of end products. Providers (also called "intangible goods") include consideration, recommendation, expertise, and discussion. The production of knowledge is usually additionally regarded as a service, however some economists now attribute it to a fourth sector, the quaternary sector.
The tertiary sector of business includes the provision of companies to different businesses in addition to closing consumers. Services...
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The service sector consists of the "gentle" parts of the economic system, i.e. activities where people offer their information and time to improve productivity, efficiency, potential, and sustainability. The basic characteristic of this sector is the production of providers instead of end products. Providers (also called "intangible goods") include consideration, recommendation, expertise, and discussion. The production of knowledge is usually additionally regarded as a service, however some economists now attribute it to a fourth sector, the quaternary sector.
The tertiary sector of business includes the provision of companies to different businesses in addition to closing consumers. Services...
View More
The Service Business or tertiary sector of the economy (also referred to as the service sector) is one of the three financial sectors, the others being the secondary sector (roughly the same as manufacturing) and the primary sector (agriculture, fishing, and extraction corresponding to mining).
The service sector consists of the "gentle" parts of the economic system, i.e. activities where people offer their information and time to improve productivity, efficiency, potential, and sustainability. The basic characteristic of this sector is the production of providers instead of end products. Providers (also called "intangible goods") include consideration, recommendation, expertise, and discussion. The production of knowledge is usually additionally regarded as a service, however some economists now attribute it to a fourth sector, the quaternary sector.
The tertiary sector of business includes the provision of companies to different businesses in addition to closing consumers. Services might contain the transport, distribution and sale of goods from producer to a client, as may happen in wholesaling and retailing, or may involve the provision of a service, similar to in pest control or entertainment. The goods may be remodeled within the process of offering the service, as happens in the restaurant industry. Nonetheless, the main target is on folks interacting with individuals and serving the customer somewhat than reworking physical goods.
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The service sector consists of the "gentle" parts of the economic system, i.e. activities where people offer their information and time to improve productivity, efficiency, potential, and sustainability. The basic characteristic of this sector is the production of providers instead of end products. Providers (also called "intangible goods") include consideration, recommendation, expertise, and discussion. The production of knowledge is usually additionally regarded as a service, however some economists now attribute it to a fourth sector, the quaternary sector.
The tertiary sector of business includes the provision of companies to different businesses in addition to closing consumers. Services might contain the transport, distribution and sale of goods from producer to a client, as may happen in wholesaling and retailing, or may involve the provision of a service, similar to in pest control or entertainment. The goods may be remodeled within the process of offering the service, as happens in the restaurant industry. Nonetheless, the main target is on folks interacting with individuals and serving the customer somewhat than reworking physical goods.
View Less