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"It is a set-off tangible and physical attributes such as material colour, design, size, weight, etc., assembled in an identifiable form better seller offers to customers for sale." What is it? - Commercial Applications

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Question

"It is a set-off tangible and physical attributes such as material colour, design, size, weight, etc., assembled in an identifiable form better seller offers to customers for sale." What is it?

Options

  • Service

  • Price

  • Product

  • Place

MCQ

Solution

Product

Explanation:

A product is defined by its tangible and physical attributes, including material, color, design, size, and weight. These attributes are combined to create a specific item that is offered to customers in the market. Products are physical goods that can be seen, touched, and owned.

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Meaning and Nature of Product
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Chapter 1: Markets and Marketing - EXERCISES [Page 10]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 1 Markets and Marketing
EXERCISES | Q 14. | Page 10
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