service
What is the definition of service? Provide an example of a service within your organization, or one with which you are familiar. How may you apply IBDM to improve the service? How would you explain the specific nuances related to applying IBDM to innovative service design? 250 words.
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A service is an example of an economic activity, which is tangible, not stored and does not have an ownership. A service is offered at a point of sale to willing buyers. According to economics professionals, a service is one of two main components of economics, the other being tangible goods. Some of the example classified as services are transfer of goods, mail delivery, banking
total word count: 280
