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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24dash (24dash Breaking News) Fri, 06 Nov 2009 09:26:42 -0000
Service families make 4,500 housing maintenance and repairs complaints: Service families have made more than 4,.. http://bit.ly/PakbJ
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naturebios (naturebios.co) Thu, 05 Nov 2009 23:54:36 -0000
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naturebios (naturebios.co) Thu, 05 Nov 2009 23:12:52 -0000
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biphody (Biphody) Thu, 05 Nov 2009 19:58:52 -0000
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AmandaFClark (Amanda) Thu, 05 Nov 2009 19:37:38 -0000
RT @UKMacProList: Apple Spare Parts & Repairs: We supply new and used service spares for repairing your Mac, as well a.. http://bit.ly/vtVlm
Apple Spare Parts & Repairs: We supply new and used service spares for repairing your Apple computer, as well a.. http://bit.ly/vtVlm
UKMacProList (boffinboy) Thu, 05 Nov 2009 19:34:55 -0000
Apple Spare Parts & Repairs: We supply new and used service spares for repairing your Apple computer, as well a.. http://bit.ly/vtVlm

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