level (noun, lev-el, \ ˈlevl \) of service (noun, ser-vice, \ ˈsɜːrvɪs \)
Definition: is a business management approach that encourages a firm to provide its services in such a manner that they satisfy the needs and wants of the existing and potential customers, while simultaneously not requiring too much of the organization’s resources to avoid negatively affecting its profitability. The establishment and maintenance of the required level of service is essential for the long-term financial sustainability of an enterprise and for its growth.
In a Sentence:
- The management of Elite Light prides itself on sustaining a high level of service during its entire existence. Being able to satisfy the needs of thousands of consumers while increasing the revenue with each year is really impressive.
- The key to constructing a loyal customer base is offering your clients an adequate level of service. As a clothing manufacturer, you have to rely on people purchasing from you over and over again, and not looking for another store.
Synonyms and related words: level of buffering, level of supply, level of involvement, level of significance