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.

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RT @economic_times Visa on arrival for tourists from five countries- Visa Power-Travel-Services-News By Industry-New... http://bit.ly/72N7t6
S_a_n_j_u (Sanjeev) Mon, 04 Jan 2010 10:37:23 -0000
RT @economic_times Visa on arrival for tourists from five countries- Visa Power-Travel-Services-News By Industry-New... http://bit.ly/72N7t6
STUPID! "Travel Advisory: The TSA does not endorse any products or services advertised in the security checkpoint or on its equipment."
tomarthur (Tom Arthur) Mon, 04 Jan 2010 10:32:11 -0000
STUPID! "Travel Advisory: The TSA does not endorse any products or services advertised in the security checkpoint or on its equipment."
Leading Destination Management Company (DMC) in Sri Lanka; overseas travel services and tour operator offering shore... http://bit.ly/7lq7vP
as_travels (AitkenSpence Travels) Mon, 04 Jan 2010 09:58:21 -0000
Leading Destination Management Company (DMC) in Sri Lanka; overseas travel services and tour operator offering shore... http://bit.ly/7lq7vP
RT @Bavaria_ RT @germany_events Germany Events: Travel, Tourism, Recreational Other Hospitality Services: Germany: CMT-The Holiday Exhibit
Bavaria_ (Bavaria Holidays) Mon, 04 Jan 2010 08:43:33 -0000
RT @Bavaria_ RT @germany_events Germany Events: Travel, Tourism, Recreational Other Hospitality Services: Germany: CMT-The Holiday Exhibit
Kuala Lumpur Hotels and Travel Guide: SEO USA Blog » Blog Archive » Sepang Limousine Services | Kuala ... http://bit.ly/7ThksB
esamdis (Essence Amdis) Mon, 04 Jan 2010 08:35:28 -0000
Kuala Lumpur Hotels and Travel Guide: SEO USA Blog » Blog Archive » Sepang Limousine Services | Kuala ... http://bit.ly/7ThksB
business travel Survey: Value Remains Focus for Travelers in 2010: Demand for business travel services, on the othe... http://bit.ly/5SbgZY
TravelNewsFeeds (Travel News Feeds) Mon, 04 Jan 2010 06:11:52 -0000
business travel Survey: Value Remains Focus for Travelers in 2010: Demand for business travel services, on the othe... http://bit.ly/5SbgZY

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