ADM 3322 Chapter Notes - Chapter 1: Marketing Mix, Services Marketing, Management Consulting
Document Summary
University, bookstore, post office, photocopying shop internet cafes, booking a cruise vacation, getting financial advice, getting a medical examination. Services can also be available through user-friendly self-service technologies, websites, and apps. Most new jobs are generated by services. The size of the service sector is increasing over time. As economy changes, the relative share of employment between agriculture, industry, and services changes. Services marketing represents at least half of the global gdp. Estimated size of service sector in canada = 70% Due to the rapid growth of the service sector in virtually all countries worldwide, new job creation comes mainly form services, Some of the fasted economic growth is in the knowledge-based industries, such as professional and business services, education & healthcare. Five-year job growth in good and service sector industries. It can be due to the aging population Construction and real estate come hand in hand like most industries are interconnected in terms of growth or loss.