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What is the meaning of Product? Concept, Definition of Product

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What is: "product" ‒Definiciones and concepts -

1. Concept of product in the Wikipedia Encyclopedia

A product is anything that can be offered to a market to satisfy a desire or a need. The product is part of the mix of marketing (also known as "Marketing Mix" or "The four P") of the company, along with the price, distribution and promotion.
In marketing is defined by product
• Goods or physical goods: are all tangible items.
• Services: they are intangible, they are inseparable (are they produced and consumed at the same time), are variable.
• People: applies to professionals in different areas, e.g.: actors.
• Places: as cities, countries; certain geographic areas or parks.
• Institutions: universities, foundations, companies (not your goods or services), etc.
• Ideas: covers business, social projects projects, internal projects within an organization, they also communicate and sell.
• Experiences: for example: journey through a virgin forest.


2 Meaning of product


Again, we came across a term that can vary its meaning, always depending on the context in which it is used. As well, the masculine noun that we meet here, etymologically speaking, comes from the latin. Promptly, derived from productus, whose meaning is the same. Yes, as more than one will have deduced it, throughout the present articles we will be putting the accent on product. The meaning most used, and therefore the most significant that has, perhaps indicating that it alludes to that thing that occurs, whether as either artificial or natural.
But, apart from the above, if we approach the word in question from a purely chemical perspective, then we will have to change its meaning. Within this area, it is called product to that result coming to emerge of a change or a chemical reaction. It should be noted that in such a process a substance (or even several) as a result of an energy factor can be transformed into another substance. Meanwhile, it is worth adding here that the substances can become both compounds, as well as elements. For somehow concrete graficarlo, we could quietly go to the formation of iron oxide, which is born of the reaction, precisely, of oxygen from air with the iron.
Moreover, if we refer to the term product from the area of marketing, then we should indicate that it would be anything that is offered in a market with the aim of satisfying the need or the desire of the consumer. In this area, the product goes beyond his physical condition and integrates what the person concerned receives at the time of the acquisition. At the same time, it is worth reviewing that product not material is known as a service.
On the other hand, in the universe of mathematics, the product comes to joining that arithmetic notion that is narrow so that the resulting amount of multiplication. For example, 7 x 3 is equal to 21. 21 Here comes to be the product of multiplying 3 x 7.
Synonyms of product
In regards to synonyms, vale quote as valid as follows: profit, fruit, benefit, gain, utility, interest, profit, income, manufacturing, processing, result, work.


3. Product definition

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The term product, according to the context in which it is used can refer to various issues.
For example, at the request of the marketing, a product is anything plausible to be offered to a market that through it will satisfy some desire or need.
But a product in this sense is a little more than a physical object, since it brings together a set of satisfactions and benefits that consumers will notice immediately when they buy, since physical, psychological and symbolic attributes are added and service.
Three aspects that will define it as such, Essentials, which are those determined by the use, by reducing problems posed to acquire them and the psychological benefits, such as improving the image, which can offer consumer can be easily detected in a product.
Then we have those tangible benefits that will provide us with the product, such as her mark, packing and protection package and the additional information that can be found on the label, and of course the physical attributes having the same.
And finally the benefits of service or product extended, such as the warranty, maintenance, installation, delivery and payment conditions favorable to the availability of consumer. And between the types of products we can find industrial products, purchase, consumption, illegal, of impulse, convenience, perishable, among others.
On the other hand, for Chemistry, a product is the result of a chemical reaction or chemical change in which one or more substances and as a result of an energy factor, transform into other substances. Substances can be only elements or compounds. An example is the formation of iron oxide, which will emerge from the reaction of oxygen from air with the iron.
In addition, the term product holds a special significance and participation in a mathematical context because it is thus called the outcome of one of mathematical excellence as it is the case of multiplication, i.e., the word product is used by a lot of people as a synonym for the term product.
When discussing product, logic of what is being talked about is the result of the conjunction of different propositions that will require that each is true to make the product it also.


4. Definition of product


Latin productus, is known as product that has been manufactured (i.e. produced). This definition of the term is rather broad and allows diverse objects will include within the generic concept of product. In this way, a table, a book and a computer, for example, are products.
Marketing provides that a product is an object that is offered in a market with the intention of satisfying that you need or you want a consumer. In this sense, the product transcends his own physical condition and includes what the consumer perceives at the time of the purchase (symbolic, psychological attributes, etc.). The non-material product, for its part, is called service. For example: a computer and a modem are products; Internet access is a service.
The products have a life cycle. When they are launched to the market, companies must make large investments in advertising to let people know the product. When this reaches success, experience a phase of growth. Then comes the stage of maturity (the majority of the potential consumers have already purchased the product) and, finally, the decline (demand is reduced to the minimum).
In mathematics, the product is an arithmetic concept that designates the amount resulting from a multiplication: 8 x 4 = 32. 32 In this case, is the product of multiplying 8 by 4.
The quantities that multiply are called factors. The multiplicand is the figure added, while the multiplier indicates the number of times that must be added the multiplying.
Marketing and products
Marketing refers product to refer to the set of easily identifiable tangible attributes which includes colour, price, manufacturer, packaging, etc, and that have a name that anyone can understand.
The attributes of each product are those characteristics that motivate consumers to try it; for example, if we talk about cars, one of the main attributes is brand, as passionate about Chevrolet hard to buy a Ford. But in addition to the brand, the products possess other qualities which distinguish them even more, as your design, color, size and utility, and at this point it should be noted that even if there are few differences, by minimum that they are, between two elements refers to two different products.
A product is not necessarily something physical and tangible; to provide satisfaction to the wishes of customers is enough. It may be therefore a service, an idea or even a place. For example, a hotel product is to provide benefits in regards to rest and related services.
It is said that a product is innovative when it revolutionizes the way of understanding a particular activity or service that enables, for example, an improvement in the quality of life of consumers; It can be both a new cancer treatment as products that replace other necessary but are not at all healthy, such as foods rich in soybeans and vegetables as a substitute for the leading meat.
Products can be classified into three different groups, taking into account its durability & tangibility:
* Non-durable goods: are tangible products that are consumed with the use (beverages, SOAP, salt, etc.);
* Durable goods: those tangible products which, although they suffer wear and tear, not have a limited life time (refrigerators, tools and clothing);
* Consumer goods: those who buy the final consumers for own consumption;
* Basic goods: products that consumers buy regularly;
* Industrial goods: those that are bought to be used in the management of a company. The difference between these and consumer goods is the purpose by each one; it is acquired therefore a product can become a good industrial or consumer: a deep Fryer that is purchased for family use is a good of use, although if you buy it to use in a restaurant becomes an industrial good.


5. Product definition

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A product is anything that can be used with a purpose specific. It is the result of a series of procedures to construct, build, manufacture and develop something with useful for people. Product is a purely generic word which describes the achievement of a chain of manufacturing steps. There is a mathematical concept that not much of the already above, a product is all that result of any operation, the application of mathematics in fields more specific and technical shows the product as the multiplication process, however, this can be considered an idiom of application. The product also is the gain obtained from a business, remains the relationship of this because it generates a stable profit, is a sum operation product, so any result of this product, is gain.

Marketing establishes that products are elements made with the destination to satisfy the customer. The product is the fundamental element in manufacturing companies, which produce large quantities of products in order to meet a demand by consumers, it is important to highlight the innovation that is kept constantly on the move in the relationship of the product with the consumer, this happens in order to keep the customer loyal to the product that the company distributesThis helps in several ways companies, well maintained always young production line and the fascination of the customer for the product. Marketing is responsible for the distribution of products, these should cause an impact in society conducive to the realization of a production chain of this, it is important to keep the customer satisfied with what is being offered.
From a more general point of view we get products are extracted from nature, it is imperative for a community seeking as a society to manufacture something to develop a product, extracted from the planet the elements needed to build it, nothing turns out of nowhere it is necessary a systematic control in the manufacture of products, this control is added the purpose of return to land that was taken away from himin the same way or at best, this in order to maintain stability of the generation.



6. Product concept


The product is the material or intangible result of a creative process. The creator of the product can be the nature, as the Earth man, for example, manufacturing or agricultural tools. Some authors, especially in religious matters, distinguish between creating, that is something that is done from scratch, such as the creation of the world, and producing, where already existing and created raw materials are used.
Also called product to the proceeds of the sale or rental of property or services.
The product intended for consumption is a good (car, bike, folders, books, bread) or service (health care, hospitality, tourism) that is offered on the market, intended for its acquisition, use or consumption free or for a price, to meet people's needs. It is the offer that the company or person offering, for example a politician, destined to be absorbed by the demand of the customers.
In the process of production or manufacture of a tangible product, should be will be, i.e. physical characteristics, its container or packaging, its quality, its brand, and its different presentations, by size or characteristics: for example, soaps for oily or dry skin, shampoos for dandruff or hair damaged or stained, etc. All these questions about the product to choose and their conditions to be attractive for the clients, the marketing deals.
In mathematics, called product to the result of the multiplication.
In chemistry is called product substances resulting from the combination of reagents, as a consequence of a chemical type reaction.
In biology it is said that waste products are which do not serve the body and they are eliminated by the. These waste products include urine, sweat, feces, and carbon dioxide.


7. Product concept


Product is the produced thing. There is a large number of products with different characteristics and they are usually used to satisfy any need. In marketing, and especially during the last years, it has categorized as one of the four important variables to consider to achieve a successful business strategy.
We have three basic sectors of which products are obtained: 1) primary, those products that come directly from the agriculture, forestry and mining; (2) secondary, belonging to the manufacturing; and (3) tertiary, relating to the services.
One of the best-known Basic uses is that, in terms of math, to the result of the multiplication of two numbers or arrays. For example, we find that a product of powers, to multiply powers of the same base must leave the base and add the exponents. And to multiply several powers of the same exponent, multiply the bases and let the same exponent.
For any country, it is important to know what state is your "national product". This is the value produced by a national economy (inside or outside its borders) during a given period, usually a year.
The national product is usually calculated from the gross domestic product, i.e., of the overall value of the results obtained in their own country, in addition to which the results obtained on the outside of the country. These data can be set if a year has been economically profitable or have had a productive fall.
In the manufacture of products, called finished product, one who has gone through all manufacturing processes and is ready to be sold to other companies, to trade or to the final consumer. The finished products are accounted at a cost in the annual balance sheet, once inventoried.

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