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Types of Services in Service Marketing, Meaning & Importance
Service marketing is an important function in the management of business and relates to the promotion and delivery of services…
Posted inStudy Material
Difference Between Fire Insurance and Marine Insurance
Fire insurance and marine insurance are two essential types of insurance that help protect valuable assets. It includes losses and…
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Marine Insurance: Definition, Benefits, Types & Coverage
Marine insurance is a specialized form of coverage designed to protect assets involved in maritime activities, including ships, cargo, and…
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What is Average Fixed Cost? Formula, How to Calculate & Importance
What is average fixed cost? Average fixed cost is the total fixed cost incurred by a firm that is distributed…
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The Service Industry: Definition, Types, Importance and More
The service industry encompasses a broad range of economic activities that provide intangible goods or services rather than physical products.…