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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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NYT > Travel

36 Hours in Madison, Wis.
By KATIE ZEZIMA Wed, 01 Jul 2009 18:32:14 -0000
Long pigeonholed as a hotbed for frat parties and activism, the town also has a vibrant side brimming with arts, culture and food.
Celebrating the Sounds of Appalachian Strings
By NICK KAYE Fri, 03 Jul 2009 05:38:51 -0000
For 85 years, strummers, pickers and fiddlers have met in the North Carolina hills on a spring weekend to play homage to old-time music.
Practical Travel: Twitter Comes to the Rescue
By MICHELLE HIGGINS Thu, 02 Jul 2009 14:16:27 -0000
From bad airplane seats to poor room service, customers are getting surprisingly fast responses to their tweets.

Forbes.com: Travel News

Safe Vacations Surrounding A Coup
Courtney Pannell Tue, 30 Jun 2009 16:00:00 -0000
Honduras is in crisis, but its troubles shouldn't scare you away from a Central American vacation.
Missile Threat? Pass The Poi
Ryo Tulman Thu, 25 Jun 2009 19:00:00 -0000
The North Koreans are threatening to attack Hawaii July 4 weekend. But, for now, tourists are shrugging their well-tanned shoulders.
Best American Towns To Visit By Car
Hannah Elliott Fri, 19 Jun 2009 16:00:00 -0000
These are among the nation's most fun and scenic road-trip destinations, perfect for summer.

 
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Clark Eide Incorporated - Value added tax (VAT) reclaims for corporate incentives, meetings, and convention groups overseas. Includes a VAT FAQ, downloadable refund forms, and a VAT estimate calculator.

Corporate Travel Safety - Business specializing in travel safety seminars, training tapes and safety products.
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KDS international - Proposes e-procurement solutions for corporations looking for optimisation of their travel purchases processes.
Meta Description: [ KDS is a leading provider of online business travel management solutions. The company's award-winning applications and services enable organizations to reduce costs and increase productivity by automating business travel processes. ]

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