Product (business)
From The Art and Popular Culture Encyclopedia
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In marketing, a product is an object, or system, or service made available for consumer use as of the consumer demand; it is anything that can be offered to a market to satisfy the desire or need of a customer.
In retailing, products are often referred to as merchandise, and in manufacturing, products are bought as raw materials and then sold as finished goods. A service is also regarded as a type of product.
Dangerous products, particularly physical ones, that cause injuries to consumers or bystanders may be subject to product liability.
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See also
- Commodity
- Commodity fetishism
- Luxury
- Planned obsolescence
- Means of production
- Production
- Waste
- -duct
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