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Mention the main features of a product. - Commercial Applications

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प्रश्न

Mention the main features of a product.

संक्षेप में उत्तर

उत्तर

  1. Physical Configuration: A product is made of physical stuff such as shape, size, etc. It can be seen, touched and felt.
  2. Associated Attributes: A product also consists of associated attributes that distinguish it from other products. These include size design, package design, branding, warranty, trade mark, etc.
  3. Satisfaction of Want or Need: A product satisfies a customer's want or need. For example, a car offers the benefit of transportation, and a pair of shoes provides protection for our feet.
  4. Life cycle: Every product has to pass through a life cycle which consists of introduction, growth, maturity and decline.
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Meaning and Nature of Product
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Markets and Marketing - QUESTION BANK [पृष्ठ १६]

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गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 1 Markets and Marketing
QUESTION BANK | Q 21. | पृष्ठ १६
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