Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Services

Question:

Which type of services are experienced differently by different customers?

Options:

Social Services

Personal Services

Business Services

Financial Services

Correct Answer:

Personal Services

Explanation:

The correct answer is option 2- Personal Services.

Personal services are those services which are experienced differently by different customers. These services cannot be consistent in nature. They will differ depending upon the service provider. They will also depend upon customer’s preferences and demands. For example, tourism, recreational services, restaurants.

 

OTHER OPTIONS-

  • Social Services- Social services are those services that are generally provided voluntarily in pursuit of certain social goals. These social goals may be to improve the standard of living for weaker sections of society, to provide educational services to their children, or to provide health care and hygienic conditions in slum areas.
  • Business Services- Business services are those services which are used by business enterprises for the conduct of their activities. For example, banking, insurance, transportation, warehousing and communication services.
  • Financial Services- Financial services are a broad range of more specific activities such as banking, investing, and insurance. Financial services are limited to the activity of financial services firms and their professionals, while financial products are the actual goods, accounts, or investments they provide.