Question

Product definition, feautres also??

Answer 1

Answer:

Product definition:  anything that can be offered to a market for attention, acquisition, a use or consumption that may satisfy a want or need.

Features of a product:

1. Tangibility

2. Associated attributes

3. Life cycle

4. Exchange value

5. Need satisfaction

Answer 2

${\large{\bf{\red{\maltese{\underline{\underline{Product :-}}}}}}}$

A product is a item offered to the customer for sale in market. A product can be a service or of an object.

Some features of products are :

1. Tangible Attributes
2. Intangible Attributes
3. Exchange value
4. Utility Benefits
5. Differential Features
6. Consumer Satisfaction ,etc.

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