CHARACTERISTICS OF SERVICES The services have unique characteristics which make them different from that of goods. The most common characteristics of services are: Intangibility. Inseparability. Perish ability. Variability Intangibility Services are activities performed by the provider‚ unlike physical products they cannot be seen‚ tasted‚ felt‚ heard or smelt before they are consumed. Since‚ services are not tangibles‚ they do not have features that appeal to the customer’s senses‚ their
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Characteristics / Features of a Bank 1. Dealing in Money: A bank is a financial institution which deals with other people’s money i.e. money given by depositors. 2. Acceptance of Deposit: A bank accepts money from the people in the form of deposits which are usually repayable on demand or after the expiry of a fixed period. It gives safety to the deposits of its customers. It also acts as a custodian of funds of its customers. 3. Giving Advances: A bank lends out money in the form of loans to
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TVS Group Batch-B Group 9 This report contains a brief description of TVS Group and its subsidiaries. About mission‚ vision statements of the company. This report also includes BCG matrix of various TVS industries‚ Porter’s five force analysis on TVS motors‚ Ansoff matrix and SWOT analysis of various TVS motors brands. AMRITA GOPIKRISHNAN ANOOP KUMAR S BALRAM RAIKAR KARTHIK G VIGNESHKUMAR B [TVS GROUP] November 2‚ 2012 INTRODUCTION The TVS Group was established in 1911 by T
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INTRODUCTION The Organization Study undertaken as a part of the curriculum has completed at Handicraft Development Corporation in Trivandrum. This study provides the opportunity to expose the student to an organization and its operational conditions. This study also aims at having a better understanding of various departments and its function. Organization study helps to know overall functions of a concern. This is a detailed study of the organization‚ product profile‚ service profile‚ organizational
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Ethics of Pain Oriented Studies The implementation of vertebrates as model organisms in experimentations is universally controversial‚ particularly when the aforementioned research is explicitly pain oriented. Concern over the wellbeing of stereotypical lab animals such as rats and mice are not misplaced‚ as long term exposure to pain has high risks of inducing greater levels of anxiety‚ alcohol abuse‚ and disturbing altercations of previously established behaviors (Anand‚ 1999); the risk to develop
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Managing people & organisations assessment notes Topics * Types of business * Mission Statements * Policies * Goals * Objectives ------------------------------------------------- Types of Business Sole Trader – one owner of business (1 person who has legal responsibility) such as gardener‚ window cleaner‚ small retailer‚ and plumber Advantages * Caters for needs of local people * Profits don’t have to be shared * Business affairs can be kept private
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TYPES OF ORGANISATION QUIZ 1) Which form of business organization do you think is most suitable for each of the following businesses? Explain your answer fully: a) A young student is planning to offer his services to neighbors as a gardener. He will purchase only cheap tools to start with. (3) The sole trader form is most suitable for this business‚ because sole trader is most common form- operated just by one person‚ and this business is running only by a young student‚ which is only one person
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Objected Oriented Programming Paper IT/218 May 13‚ 2012 Farhad Malek-Asghar When it comes to writing a program there are so many ways a person can approach the problem. Think of it this way‚ a chef following a recipe can look at the ingredients and decided to add more of one thing and less of another or the chef can follow the recipe exactly. As long as the chef uses common logic on blending foods the dish will come out correctly. The same is true when building
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Services Oriented Architecture is the Future The current buzz word in the Information Technology world is Service-Oriented Architecture‚ also known as SOA. Businesses are increasingly becoming interested in implementing SOA but are reluctant to adopt what might appear to be a silver bullet due to the complexities involved in this hot new business model. Granted‚ SOA is a new complex approach to building IT systems but it takes advantage of the companies existing assets making it an attractive
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ENTREPRENEURIAL CHARACTERISTICS A series of interviews were conducted with distinguished entrepreneurs. They were asked what characteristics they felt were essential to success as an entrepreneur. Good health was a characteristic mentioned by every entrepreneur interviewed. Entrepreneurs are physically resilient and in good health. They can work for extended periods of time‚ and while they are in the process of building their business‚ they refuse to get sick. In small businesses‚ where there
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