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Business services are referred to as the activities that assist business

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prathyusha.yerreddula@agilonconsulting.com

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Business services are referred to as the activities that assist business yet does not deliver a tangible commodity. For instance, Information technology is one such business service that supports various other business services such as shipping, procurement and finance. Most of the businesses today are inclined towards such specialized business services.

India is growing extremely competitive and giving a tough competition to other countries when it comes to providing services. A large number of foreign country prefer India as their hosting partner for business services, sometimes they even prefer to open a branch office.

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  • These are intangible assets, they cannot be touched.
  • They don’t have their physical presence.
  • A person can only experience it.
  • It is important to provide quality service to the customer, so that customer can feel the favourable experience.
  • Example: Teaching by teachers, doctor’s treatment to patients etc.

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