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brokerage services

Comprehensive Analysis

1) "Brokerage" -- As to brokerage services bro·ker·age Pronunciation: 'brO-k(&-)rij Function: noun 1 : the business or establishment of a broker 2 : a broker's fee or commission Pronunciation Symbols In commerce, a broker is a party that mediates between a buyer and a seller. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Distinguish agent: one who acts on behalf of a principal. A brokerage is a firm that acts as a broker. Business broker Commodity broker Forex Broker Insurance broker Investment broker Mortgage broker Real estate broker Rig broker Ship broker Stock broker Yacht charter brokers In computing, a broker consists of software which mediates between two objects: typically between a client and a server or between a repository and a requestor or caller. See for example: object request broker storage resource broker tunnel broker message broker Information broker Broker, Outer Hebrides — village in the Outer Hebrides of Scotland The Power Broker — a biography of Robert Moses The Broker — a novel by John Grisham Limo Broker — Limousine rental broker. ..." 2) "Services" -- As to brokerage services 1ser·vice Pronunciation: 's&r-v&s Function: noun Etymology: Middle English, from Anglo-French servise, from Latin servitium condition of a slave, body of slaves, from servus slave 1 a : the occupation or function of serving <in active service> b : employment as a servant <entered his service> 2 a : the work performed by one that serves <good service> b : HELP, USE, BENEFIT <glad to be of service> c : contribution to the welfare of others d : disposal for use <I'm entirely at your service> 3 a : a form followed in worship or in a religious ceremony <the burial service> b : a meeting for worship -- often used in plural <held evening services> 4 : the act of serving : as a : a helpful act <did him a service> b : useful labor that does not produce a tangible commodity -- usually used in plural <charge for professional services> c : SERVE 5 : a set of articles for a particular use <a silver tea service> 6 a : an administrative division (as of a government or business) <the consular service> b : one of a nation's military forces (as the army or navy) 7 a : a facility supplying some public demand <telephone service> <bus service> b : a facility providing maintenance and repair <television service> 8 : the materials (as spun yarn, small lines, or canvas) used for serving a rope 9 : the act of bringing a legal writ, process, or In economics and marketing, a service is the non-material equivalent of a good. Service provision has been defined as an economic activity that does not result in ownership, and this is what differentiates it from providing physical goods. It is claimed to be a process that creates benefits by facilitating either a change in customers, a change in their physical possessions, or a change in their intangible assets. By supplying some level of skill, ingenuity, and experience, providers of a service participate in an economy without the restrictions of carrying stock (inventory) or the need to concern themselves with bulky raw materials. On the other hand, their investment in expertise does require marketing and upgrading in the face of competition which has equally few physical restrictions. Providers of services make up the Tertiary sector of industry. 1 Key attributes 2 Service delivery 3 The service-goods continuum 4 List of economic services 5 See also 6 Finding related topics Services can be described in terms of their main attributes. Intangibility - They cannot be seen, handled, smelled, etc. There is no need for storage. Because services are difficult to conceptualize, marketing them requires creative visualization to effectively evoke a concrete image in the customer's mind. From the customer's point of view, this attribute makes it difficult to evaluate or compare services prior to experiencing the service. Perishability - Unsold service time is "lost", that is, it cannot be regained. It is a lost economic opportunity. For example a doctor who is booked for only two hours a day cannot later work those hours— ..." 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