Product

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Revision as of 14:00, 30 December 2020 by Gary (talk | contribs) (Service vs product)
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Literally, product is anything that is produced. This term has a wide range of applications:

Marketable vs work product

Main wikipages: Marketable, Work product

A marketable is anything that is offered on the market for sale. Usually, but not necessarily, a marketable is a work product. On another side, a work product is any output from a process. A work product may be offered on the market or be consumed internally.

Service vs product

Main wikipages: Service, Service management

In service management,

However, the usage of these two terms, product and service is not consistent throughout various industries and geographic areas. In marketing, a term, service, generally refers to a product.