What Are the Main Differences Between Products and Services? in a Short

question 33

Essay

What are the main differences between products and services? In a short essay, explain the difference between the two and provide three examples of each. Which sector has seen the greatest growth in international trade in recent years?

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Definitions:

Controller

A senior financial officer in an organization responsible for overseeing accounting and financial reporting.

Contingency Plan

A strategy or plan developed to take into account unforeseen events or emergencies to mitigate their potential impact on operations.

Bankruptcy

Legal nonpayment of financial obligations.

Operations Period

The timeframe during which specific operational activities or processes are carried out.