SERVICES
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SERVICES
Definition/What is a service?
A service is an intangible act or performance that one party can offer to another, often involving a valuable outcome or result.
Types of services
Business Services: Services that help businesses operate and grow, like financial advice.
Social Services: Programs that improve people’s lives such as healthcare, education.
Informational Services: Services that deal with information, like libraries, internet services.
Public vs. private services
Public Services
Provided by government entities.
Aim to serve the general public.
Private Services
Offered by private businesses or individuals.
Cater to specific customer needs.
Benefits from services
Convenience: Services often provide ease and accessibility
Timesaving: services streamline processes, saving time for individuals and businesses
Cost efficiency: outsourcing certain tasks or utilizing shared services can be cost-effective.
Problem solving: Services often address specific problems or challenges, offering solutions and support to individuals, businesses, or communities.
Expertise and Specialization: Service provides often bring specialized knowledge or skills.
Public transport
Efficient movement of people
Reduces traffic congestion.
Banks
Financial transactions and services
Safe storage of money
Loans and investment opportunities
Post offices
Mail and package delivery
Postal services for communication
Some post offices offer passport application services.
Medical services
Healthcare and treatment
Disease prevention and wellness
Emergency and specialized care