English

Explain the main characteristics of services. - Commerce

Advertisements
Advertisements

Questions

Explain the main characteristics of services.

Explain the features of Services.

Explain
Advertisements

Solution

The main features of services are as follows:

  1. Intangibility: Services are intangible because they cannot be seen or touched, have no physical shape, and are invisible.
  2. Perishability: Services cannot be stored for future use. For example, if a bus having 45 seats is carrying 35 passengers, the 10 vacant seats cannot be utilised in future.
  3. Inseparability: Services are produced and consumed at the same time. The service cannot be separated from the service provider. For example, the bus driver and conductor must be on the bus whenever the bus provides service to passengers.
  4. Variability: Services can rarely be standardised or made uniform. For example, the quality of service which a waiter provides in a hotel or restaurant may differ from customer to customer or from one time period to another.
shaalaa.com
Meaning and Nature of Service
  Is there an error in this question or solution?
Chapter 1: Markets and Marketing - EXERCISES [Page 13]

APPEARS IN

Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 1 Markets and Marketing
EXERCISES | Q 1. b | Page 13
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 14 Marketing Mix
QUESTION BANK | Q Q. 7. | Page 444
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×