Service Operations - Research Article from Encyclopedia of Management

This encyclopedia article consists of approximately 11 pages of information about Service Operations.

Service Operations - Research Article from Encyclopedia of Management

This encyclopedia article consists of approximately 11 pages of information about Service Operations.
This section contains 3,173 words
(approx. 11 pages at 300 words per page)
Buy the Service Operations Encyclopedia Article

Services lie at the hub of economic activity in the United States. Service jobs account for almost 80 percent of total U.S. employment. As such, we say that the U.S. has a service economy. Within this service economy, the term service has several meanings when paired with other words. For example, a service firm is defined as one that derives more than 50 percent of its sales from providing services. RCA's service revenues now exceed its revenues from electronic manufacturing. A service package is a bundle of explicit and implicit benefits performed with a supporting facility and using facilitated goods. When you eat at a fast food restaurant (supporting facility), you may purchase a hamburger (facilitating good) that someone else cooked for you (service). The service concept is the perception and expectations of the service itself in the minds of the customers, employers, shareholders, and lenders...

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This section contains 3,173 words
(approx. 11 pages at 300 words per page)
Buy the Service Operations Encyclopedia Article
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Service Operations from Gale. ©2005-2006 Thomson Gale, a part of the Thomson Corporation. All rights reserved.