Business Services - FEATURES OF SERVICES
Business services are essential and indispensable to the smooth flow of trade and industry.
Examples of business services are:
- Banking
- Insurance
- Transport
- Warehousing
- Communication
Types Of Services
1. Social Services: Provided voluntarily to achieve certain goals e.g. health care and education services provided by NGOs.
2. Personal Services: Services which are experienced differently by different customers.
e.g. tourism, restaurants etc.
3. Business Services: Services used by business enterprises for the conduct of their activities.
e.g. Banking, Insurance, communication, warehousing and transportation.