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 @ITSupport_24hrs: Migration services from old versions of #MS #Exchange to version 2007-http://ow.ly/SWR9
techsupport (techsupport) Tue, 05 Jan 2010 14:54:57 -0000
RT @ITSupport_24hrs: Migration services from old versions of #MS #Exchange to version 2007-http://ow.ly/SWR9
Migration services from old versions of #MS #Exchange to version 2007-http://ow.ly/SWR9
ITSupport_24hrs (Melinda) Tue, 05 Jan 2010 14:50:09 -0000
Migration services from old versions of #MS #Exchange to version 2007-http://ow.ly/SWR9
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ETHBibliothek (ETH-Bibliothek) Tue, 05 Jan 2010 07:20:14 -0000
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