1. Aside from the reasons provided in the picture, give 3 reasons with explanation why it is important to study services.2. How does online payment platforms change & help in this pandemic? Why Study Services?Here are some reasons why there's a need to study services:1. The growth of the global service economy in terms of contributions to Gross Domestic Products(GDP).2. The growth of the global service workforce.3. The emergence of technologically based e-services that have transformed many serviceindustries.4. The importance of developing sustainable service marketing business practices.

Services are the activities or support that is offered to the customers by a business organization…

Answered: Aside from the reasons provided in the…

Business

Economics

Aside from the reasons provided in the picture, give 3 reasons with explanation why it is important to study services.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

1. Aside from the reasons provided in the picture, give 3 reasons with explanation why it is important to study services.

2. How does online payment platforms change & help in this pandemic?

Why Study Services?
Here are some reasons why there's a need to study services:
1. The growth of the global service economy in terms of contributions to Gross Domestic Products
(GDP).
2. The growth of the global service workforce.
3. The emergence of technologically based e-services that have transformed many service
industries.
4. The importance of developing sustainable service marketing business practices.

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