Category: Services

Services refer to a broad category of intangible products that are provided by businesses or organizations to consumers or other businesses. Services can include a wide range of activities, such as consulting, training, maintenance, repair, transportation, healthcare, financial advice, and more. Services are typically performed by people or machines with specialized skills or expertise, and can be delivered in a variety of ways, such as in-person, over the phone, online, or through automated systems. Services are often characterized by their intangibility, heterogeneity, perishability, and inseparability from the provider. Services play a critical role in the economy and are essential for meeting the needs and wants of individuals and businesses.