A company is considered part of the service industry when they make most of their money by providing intangible services. Intangible means that they cannot be touched. So for example, a grocery store sells tangible goode; you can touch them. However, a company like an accounting firm, that primarily makes their money by providing accounting services, provide an intangible service. Does that make sense?
2. List three examples of businesses in the service industry. (Complete sentences are not necessary. 1.5 points) im not sure what this is asking