What does service industry mean?
Definitions for service industry
ser·vice in·dus·t·ry
This dictionary definitions page includes all the possible meanings, example usage and translations of the word service industry.
Princeton's WordNet
service industrynoun
an industry that provides services rather than tangible objects
Wiktionary
service industrynoun
An industry that does not produce any goods, but only provides a service such as a bank or insurance company.
Wikipedia
service industry
The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle). The others are the primary sector (raw materials) and the secondary sector (manufacturing). The tertiary sector consists of the provision of services instead of end products. Services (also known as "intangible goods") include attention, advice, access, experience and affective labor. The production of information has been long regarded as a service, but some economists now attribute it to a fourth sector, called the quaternary sector. The tertiary sector involves the provision of services to other businesses as well as to final consumers. Services may involve the transport, distribution and sale of goods from a producer to a consumer, as may happen in wholesaling and retailing, pest control or entertainment. The goods may be transformed in the process of providing the service, as happens in the restaurant industry. However, the focus is on people by interacting with them and serving the customers rather than transforming the physical goods.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of service industry in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of service industry in Pythagorean Numerology is: 4
Examples of service industry in a Sentence
While we are so proud to be working in the service industry, we're not just that -- agricultural workers and maids in hotels, there's pride in that. However, I think it just reflects the one-dimensional view of Latinos in America.
I’ve heard they’re all representatives of an anonymous donor, from what I’ve heard, he targets ... the fast-food-service industry.
It was devastating for the service industry community... People were scrounging, trying to file for unemployment, trying to figure out how are they going to make their rent payment.
Schlumberger Chief Executive Paal Kibsgaard:
Inevitably service industry pricing has to recover and as it does, this will consume a large part of the E&P investment increases intended for additional activity, which will further amplify the pending oil supply deficit.
Otis President Philippe Delpech:
That's not the usual profile of a service industry, there are too many accidents and the vast majority of these accidents come from units maintained by a small company. That will benefit OEMs.
Translations for service industry
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"service industry." Definitions.net. STANDS4 LLC, 2024. Web. 4 May 2024. <https://www.definitions.net/definition/service+industry>.
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