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Mention the main features of services. - Commercial Applications

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Question

Mention the main features of services.

Answer in Brief

Solution

  1. Services are intangible: which means they cannot be seen or touched and do not have any physical shape.
  2. Services are perishable: Services are perishable as they cannot be stored for future use.
  3. Services are inseparable: There is simultaneous production and consumption of services. For example, a nurse looks after a patient, or a repair mechanic provides repair services.
  4. Services are variable: Unlike products, services can rarely be standardised. For example, when you call a mechanic three times to repair your different fans, he may not provide the same type of satisfaction to you every time.
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Meaning and Nature of Service
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Chapter 1: Markets and Marketing - QUESTION BANK [Page 17]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 1 Markets and Marketing
QUESTION BANK | Q 22. | Page 17
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