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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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BBC News | Business | UK Edition

Darling warns of economic crisis
Sat, 30 Aug 2008 07:50:26 -0000
Chancellor Alistair Darling says the UK is facing the worst economic crisis in 60 years and warns of a "profound" downturn.
More firms increase energy bills
Fri, 29 Aug 2008 15:06:22 -0000
Two more energy firms, Scottish Power and Npower, say they will raise prices, blaming more expensive wholesale costs.
Bank insider urges UK rate cuts
Fri, 29 Aug 2008 13:00:34 -0000
Two million people will be out of work by Christmas if interest rates are not cut, a Bank of England policymaker warns.

 
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Exhibition Workers - Exhibition directory listing venues and events, builders and service providers.
Meta Description: [ Exhibition Workers is an online resource for exhibition workers worldwide with a comprehensive database listing of tradesmen and women qualifications, availability and contact information. ]

HotelSmart - Offer venue finding services. Company profile and contact details.
Meta Description: [ HotelSmart is a dedicated team of professionals - each with many years experience in venue finding and of the hotel industry. We have proven to be very strong negotiators often obtaining the lowest prices - and more often than not substantially better than the hotel's advertised corporate rates. ]

Imark Communications - B2B media company specialising in IT and Telecoms exhibitions and conferences. Company news, career opportunities, and event information.

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Meta Description: [ Audio Visual Hire of equipment and support for events ]

Midland Conference Services - Conferences, exhibitions, multi-media presentations.

Presentation Service Providers - Offers audio-visual equipment hire. Includes their profile, history, services, stock list and downloadable price list.
Meta Description: [ PSP provide audio visual equipment and project management for live events. ]

The Presentation Business - Project management, creative consultancy, programme making, computer animation, audiovisual equipment and new media production for events, conferences and presentations.

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