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Characteristics of Services

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Characteristics of Services

Question

State FOUR characteristics of services.

Answer

Services refer to intangible offerings provided by individuals or organizations to meet the needs or desires of customers.

Characteristics of Services

- They are intangible
- They are inseparable from those providing them
- Services are highly perishable
- Quality of services cannot be standardized.
- Price paid for services is fore experience but not for ownership.