Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What do you think is the difference between the Service Industry market and the Financial service industry market ?

user-image
Question added by Nadine Abu Zant , Business Intelligence Team as customer Service officer. , National Bank of Abu Dhabi
Date Posted: 2014/03/25
BHUPATHI  REDDY MALLIDI
by BHUPATHI REDDY MALLIDI , Manager HR And Admin , Manthena American School

Yes, Financial services is a part of Services Industry.

The difference is Financial service companies mostly depends on Investments and longterm deposits and they finance the money for higher interest or re-invest in high profitable projects.  The difference between investment interest and finance interest is their benefit as well as the profit on the re-investment.

Other Services Industries are not required much money to establish and run.  Most of the service industries are manpower and arts based. For example Transporation, Tourism, Entertainment etc.

Mohamed Haytham Ragab
by Mohamed Haytham Ragab , Key account executive , unilever

i think financial industry is just a part of the service industry and its a type of it.

 

 

 

More Questions Like This