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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iTunes Adds Indie Films From ITVS, PBS: Independent Television Service (ITVS) and PBS have made more than 20 indepe... http://bit.ly/4L8UAY
mediasetfree (boaz abel) Tue, 01 Dec 2009 00:02:44 -0000
iTunes Adds Indie Films From ITVS, PBS: Independent Television Service (ITVS) and PBS have made more than 20 indepe... http://bit.ly/4L8UAY
iTunes Adds Indie Films From ITVS, PBS: Independent Television Service (ITVS) and PBS have made more than 20 in.. http://bit.ly/4L8UAY
apphpod ( iPhone iPod News ) Mon, 30 Nov 2009 22:23:19 -0000
iTunes Adds Indie Films From ITVS, PBS: Independent Television Service (ITVS) and PBS have made more than 20 in.. http://bit.ly/4L8UAY
New blog post: Independent Electronic Benton Saline : Television & Radio-Service/Repair http://bit.ly/88x0UE/
valuescompanies (the values companies) Sat, 28 Nov 2009 00:13:18 -0000
New blog post: Independent Electronic Benton Saline : Television & Radio-Service/Repair http://bit.ly/88x0UE/

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