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Business services are essential for enterprises to produce and sell goods, characterized by features such as intangibility, inconsistency, inseparability, inventory limitations, and consumer involvement. Key types of business services include banking, insurance, communication, transport, and warehousing, with banking further classified into commercial, cooperative, specialized, and central banks. Insurance serves to provide certainty, protection, risk sharing, and assist in capital formation, governed by pr
- Author
- subhra.genesisedu
- Language
- EN