viii) What is product and processes?
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any product of a company any marshal of company
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Hey mate...
The product/process distinction is the distinction between the product information and the process information of a consumer good. Product information is information that pertains to a consumer good, namely to its price, quality, and safety (its proximate attributes).
A product is a tangible deliverable that can be sold to external customers or used to fulfill internal company needs. A process is a systematic way of doing something - for example, a process could be used to create a product.
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