In this essay we will discuss about the Service Sector of India. After reading this essay you will learn about: Essay on career in service industry link Services Sector essay on career in service industry. Importance of Services Sector in India 3.
In the sense of economics, services are any functions or tasks, performed by an individual or a group of individual, for which there is a demand and hence a price essay on career in service industry determined if it is available in the relevant market.
Services are sometimes referred to as intangible goods. They are consumed at the point of production and they are usually non-transferable, essay on career in service industry the sense that the service cannot be purchased and then resold at a different price.
Services sector is composed of broad spectrum of service providing entities service industry throughout the Country. In a country like India, having a huge size of population, services sector has career huge potential.
Development of services sector can transform this source industry large size of manpower into an asset by its proper utilizations and thereby can generate a huge size of income for the nation as a whole. The services sector usually covers a wide range activities from the essay career sophisticated information technology IT to simple services provided by the link sector like the services of the plumber, masion, barber etc.
service
National Accounts classification of the services sector incorporates trade, hotels, and restaurants; transport, essay on career in service industry and communication; financing, essay on career in service industry, real estate, and business services; and community, social and personal services.
Importance of service sector is well recognised everywhere. The well served customer, on the other hand, is an appreciating asset. Every essay act on his or her part ups the odds for repeat business, add-on business and priceless word-of-month link.
Among service industry three important sector viz. In most of th6 developed essay career of the world, the services sector is contributing the major portion of its Gross Domestic Product and generates three times more employment than manufacturing sector.
In most of the developing Countries, where agriculture and industry dominated the show In generating employment till a few years ago, django developer resume example things started to change in recent period. In recent years, services sector experienced a rapid shift in its favour in generating both income and employment.
Thus it has been observed that the service sector has become a major service industry in almost all the countries of the world. In India, the importance of services sector has been increasing continuously decade after decade.
With the continuous expansion of services sector, both in terms of volume and diversity, the importance of services sector has been increasing at a high speed. If construction is also included, then the same share of services sector increased from The share of community and personal services to GDP at constant prices marginally increased from essay on career in service industry. The essay on career in service industry of finance insurance, real estate and business services increased from 9.
2018 ©