(Solved Homework): What are the similarities and differences between product providers and service providers?…

What are the similarities and differences between product providers and service providers? How does this impact Operations Management in each environment?

Expert Answer


Don't use plagiarized sources. Get Your Custom Essay on
(Solved Homework): What are the similarities and differences between product providers and service providers?…
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay

1. They both work for earning profits. Both have a motive of earning more profits.

2.Profits in both the organisations calculate their profit on the basis of cost. Service provider ascertains the cost of maufacturing and product provider ascertain the cost of production or purchasing the goods.

3.They both focuses the isuue of cost control. As stated above that their motive is to earn more profit. Hence cost control leads to earn more profits by enhancing thr profit margin.

4.They both suffers from the competitive issue. that is they both have to form a strategy which helps them to gain competitive advantage.

5. They both get influenced by some factors such as internal ( employees) or external ( environment, customers, suppliers, government etc).3.

6.They both create misiion and vision statement for how the organisation will run and percieved by the customers.


1. Tangibility- This is one of the key difference between the service provider and product provider. The output of the service firm such as training, teaching, consultancy is intangible. And the output of the product provider are tangible,as they provide physical goods.

2.Productivity- productivity is easily measured in product provider operations because of the tangibility.And because of intangibility, the productivity is not easily measured.

3.Inventory- Service firms do not required to hold inventory. But the product provider is required to hold the inventory

4.Expenses- Expenses required for material handling is more in product opertions.

5.Production- Service firms does not produce service unless it is required by a specific customer. But manufacturing firm do produced the product even it is not required by the specific customer.

Homework Ocean
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.


Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.


Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.


Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.


Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

× Contact Live Agents