Studied by 0 people
Looks like no one added any tags here yet for you.
What is a product
A product is a good or service that can be bought or sold
What is a Good
Goods (tangible) are items that can be seen or touched
What is a service
Services (intangible) are things done for you by others
What is the definition of a business
A business is the combined effort of individuals in order to produce and sell, for a profit, the goods and services that satisfy the needs and wants of the consumer
