ENTREPRENEURSHIP

Detailed explanation-1: -Service products are consumed at the same time they are being produced. The tourist attraction is producing entertainment or pleasure at the same time it is being consumed. In contrast, goods products are produced, stored, and then consumed.

Detailed explanation-2: -Service is the simultaneous activity of production and consumption of being performed. This shows that production and consumption of services to be inseparable.

Detailed explanation-3: -Service inseparability is a concept which states that services are produced and consumed at the same time and can’t be isolated or detached from their providers. Providers can be companies, institutions or individuals of these services through people, processes or equipment.

Detailed explanation-4: -Inseparability. Characteristics of services include inseparability, which means that services are produced and consumed at the same time. This also entails that services cannot be separated from their providers. Contrary to services, physical goods are produced, then stored, later sold, and even later consumed.

Detailed explanation-5: -Inseparability:-Services are produced and consumed at the same time, unlike goods which may be manufactured, then stored for later distribution. This means that the service provider becomes an integral part of the service itself.