1.

What Is The Product?

Answer»

PRODUCT REFERS to the bundle of tangible and intangible ATTRIBUTES that a seller offers to a buyer in RETURN of a particular predefined amount of payment in a particular mode. Goods, ideas, methods, information, objects, services, etc., whose output serves as a NEED or want satisfier.

Product refers to the bundle of tangible and intangible attributes that a seller offers to a buyer in return of a particular predefined amount of payment in a particular mode. Goods, ideas, methods, information, objects, services, etc., whose output serves as a need or want satisfier.



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