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- Service_economy abstract "Service economy can refer to one or both of two recent economic developments: The increased importance of the service sector in industrialized economies. The current list of Fortune 500 companies contains more service companies and fewer manufacturers than in previous decades. The relative importance of service in a product offering. The service economy in developing countries is mostly concentrated in financial services, hospitality, retail, health, human services, information technology and education. Products today have a higher service component than in previous decades. In the management literature this is referred to as the servitization of products. Virtually every product today has a service component to it.The old dichotomy between product and service has been replaced by a service-product continuum. Many products are being transformed into services.For example, IBM treats its business as a service business. Although it still manufactures computers, it sees the physical goods as a small part of the "business solutions" industry. They have found that the price elasticity of demand for "business solutions" is much less than for hardware. There has been a corresponding shift to a subscription pricing model. Rather than receiving a single payment for a piece of manufactured equipment, many manufacturers are now receiving a steady stream of revenue for ongoing contracts.Full cost accounting and most accounting reform and monetary reform measures are usually thought to be impossible to achieve without a good model of the service economy.".
- Service_economy thumbnail Gdp-and-labour-force-by-sector.png?width=300.
- Service_economy wikiPageExternalLink science-of-service-systems-service-sector-service-economy.
- Service_economy wikiPageExternalLink talent-in-the-new-service-economy-creative-class-occupations.
- Service_economy wikiPageExternalLink epr.
- Service_economy wikiPageExternalLink www.uscsi.org.
- Service_economy wikiPageID "327487".
- Service_economy wikiPageRevisionID "605471798".
- Service_economy hasPhotoCollection Service_economy.
- Service_economy subject Category:Business_models.
- Service_economy subject Category:Management.
- Service_economy subject Category:Services_management_and_marketing.
- Service_economy type Assistant109815790.
- Service_economy type BusinessModels.
- Service_economy type CausalAgent100007347.
- Service_economy type LivingThing100004258.
- Service_economy type Model110324560.
- Service_economy type Object100002684.
- Service_economy type Organism100004475.
- Service_economy type Person100007846.
- Service_economy type PhysicalEntity100001930.
- Service_economy type Whole100003553.
- Service_economy type Worker109632518.
- Service_economy type YagoLegalActor.
- Service_economy type YagoLegalActorGeo.
- Service_economy comment "Service economy can refer to one or both of two recent economic developments: The increased importance of the service sector in industrialized economies. The current list of Fortune 500 companies contains more service companies and fewer manufacturers than in previous decades. The relative importance of service in a product offering.".
- Service_economy label "Dienstleistungsgesellschaft".
- Service_economy label "Service economy".
- Service_economy label "Terciarización".
- Service_economy label "Économie post-industrielle".
- Service_economy sameAs Dienstleistungsgesellschaft.
- Service_economy sameAs Terciarización.
- Service_economy sameAs Économie_post-industrielle.
- Service_economy sameAs m.01wbk6.
- Service_economy sameAs Q1221088.
- Service_economy sameAs Q1221088.
- Service_economy sameAs Service_economy.
- Service_economy wasDerivedFrom Service_economy?oldid=605471798.
- Service_economy depiction Gdp-and-labour-force-by-sector.png.
- Service_economy isPrimaryTopicOf Service_economy.
