product


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product

a generic term which covers both GOODS and SERVICES. Final products are goods and services which are purchased by consumers, while intermediate products are goods and services which are used by producers as factor inputs in producing other goods and services. See MARKETING MIX.

product

a generic term covering both GOODS and SERVICES.
References in classic literature ?
The other classes decay and finally disappear in the face of Modern Industry; the proletariat is its special and essential product. The lower middle class, the small manufacturer, the shopkeeper, the artisan, the peasant, all these fight against the bourgeoisie, to save from extinction their existence as fractions of the middle class.
In military affairs the strength of an army is the product of its mass and some unknown x.
No, labor consumes all of the total product that its wages will buy back.
Little business men, shopkeepers, and such ilk took what whack they could out of the product of the worker; but, after all, it was the large business men who formed the workers through the little business men.
But when he had gone the brief round of her he returned discouraged by the thought that all this frankness and innocence were only an artificial product. Untrained human nature was not frank and innocent; it was full of the twists and defences of an instinctive guile.
The envy is an intellectual product. I am like a sober man looking upon drunken men, and, greatly weary, wishing he, too, were drunk."
We left this island early the next morning, and soon came in sight of Cape Gardafui, so celebrated heretofore under the name of the Cape of Spices, either because great quantities were then found there, or from its neighbourhood to Arabia the Happy, even at this day famous for its fragrant products. It is properly at this cape
It is not, like the Cathedral of Bourges, the magnificent, light, multiform, tufted, bristling efflorescent product of the pointed arch.
(*Rules and Regulations for the Inspection of Livestock and Their Products. United States Department of Agriculture, Bureau of Animal Industries, Order No.
"Comrades of the thunder and companions of death, I cannot but regard it as singularly fortunate that we who by conviction and sympathy are designated by nature as the champions of that fairest of her products, the white metal, should also, by a happy chance, be engaged mostly in the business of mining it.
Circumstances favourable to selection of domestic products; to natural selection
The principal products raised upon it were tobacco, corn, and wheat.