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Most trendy business theorists see a continuum with pure service on one terminal level and pure commodity good on the opposite terminal point. 2 Most merchandise fall between these two extremes. For example, a restaurant supplies a bodily good (the food ), but also offers companies within the type of ambience, the setting and clearing of the desk, etc. And though some utilities actually deliver bodily goods — like water utilities which truly ship water — utilities are often treated as providers.

For referral-service entrepreneurs-who act as a “welcome wagon” to newcomers-attending to know new in addition to current businesses pays off in more methods than one. Native corporations pay to get their providers launched to newcomers, while these new prospects pay for a little bit friendly recommendation.

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