Business Glossary

in Windows, a program that runs continuously, unseen by the user, such as aWeb or FTP server, or a program with a more mundane function such as updating the system clock; the equivalent of a UNIX daemon .

1. work done by one person that benefits another.
2. type of business that sells assistance and expertise rather than a tangible product. For example, the field of management consulting is a service industry.
3. after-purchase assistance that is offered by the manufacturer to maintain the quality of the product during its use. Service is often the main selling point for big-ticket items such as cars, washing machines, and television sets.

1. work done by one person that benefits another.
2. type of business that sells assistance and expertise rather than a tangible product. For example, the field of management consulting is a service industry.
3. after-purchase assistance that is offered by the manufacturer to maintain the quality of the product during its use. Service is often the main selling point for big-ticket items such as cars, washing machines, and television sets.