Service provision is often an economic activity where the buyer does not generally, except by exclusive contract, obtain exclusive ownership of the thing purchased. The benefits of such a service, if priced, are held to be self-evident in the buyer's willingness to pay for it. Public services are those, that society (nation state, fiscal union, regional) as a whole pays for, through taxes and other means.
By composing and orchestrating the appropriate level of resources, skill, ingenuity, and experience for effecting specific benefits for service consumers, service providers participate in an economy without the restrictions of carrying inventory (stock) or the need to concern themselves with bulky raw materials. On the other hand, their investment in expertise does require consistent service marketing and upgrading in the face of competition.
Business services are a recognisable subset of Economic services, and share their characteristics. The essential difference is that Business are concerned about the building of Service Systems in order to deliver value to their customers and to act in the roles of Service Provider and Service Consumer.
The generic clear-cut, complete, concise and consistent definition of the service term reads as follows:
A service is a set of one time consumable and perishable benefits
delivered from the accountable service provider, mostly in close coaction with his internal and external service suppliers,
effectuated by distinct functions of technical systems and by distinct activities of individuals, respectively,
commissioned according to the needs of his service consumers by the service customer from the accountable service provider,
rendered individually to an authorized service consumer at his/her dedicated trigger,
and, finally, consumed and utilized by the triggering service consumer for executing his/her upcoming business activity or private activity.
In a setback to the ambitious luxury floatel project off Mumbai coast, the Bombay high court on Monday refused to give its nod for a floating jetty at Nariman Point... The bench pointed out that the agreement between the company and MTDC was infact not for a floatel but fur running a luxury criuse service between Mumbai and Goa ... The 320-room floatel anchored in the high seas is to have four hotels, a helipad and two swimming pools....
Harvey Gulf International Marine has reported the delivery of the first of two, large capacity Multi PurposeSupportVessels (MPSV) scheduled for 2017 deliveries. This move significantly enhances the domestic Jones ActFleet... To read the full article. "Harvey Gulf delivers two MPSVs" ... “The Harvey Sub-Sea can perform a broad spectrum of subsea installations and removals, inspection, repair and floatelservices ... ....
--> Ateeq Shaikh . Tue, 16 Aug 2016-07.20am , dna ... As and when the components of the larger project are conceptualised, MbPT officials will initiate the process of implementation.Various elements of the plan include marina, tourist village, 10km waterfront walkway, eco-park, garden, bigger international cruise terminal, convention centre, water sports, floatels, and so on. The services of the consultant will be continued for 42 months ... ....
The plans include online ticketing, more ferry services, having more tourism destinations, marine university, non-conventional energy, etc ... The third category that it has zeroed in on is tourism, in which marine park, dolphin park, marina, under sea world, floatel, cruise services, water sports and island development are taken into account....