Description

In marketing a product is an object or system made available for consumer use it is anything that can be offered to a market to the desire or need of a retailing, products are often referred to as merchandise, and in manufacturing, products are bought as materials and then sold as finished goods. A service regarded to as a type of product. Commodities are usually raw materials metals and agricultural products, but a commodity can also be anything wide the open market. In project management, the formal definition of the project deliverables

A product can be classified as tangible or intangible. A tangible product is a physical object that can be perceived by touch building, vehicle, gadget, An intangible product is a product that can only be perceived indirectly such as an insurance policy. can be broadly classified under intangible be durable or non durable. A product line is “a group of products that are closely either because they function in a similar manner, are sold to the same customergroups.

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