A product is a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies the needs of the consumer and is received in exchange for money or something else of value.
Option C.
Explanation:
Products are the services or goods that are available to the market to satisfy the needs, wants and desires of the consumers.
Products disseminate a business that represents personal assets, or results of production, manufacture or production processes, and passes on the distribution line prior to consumption or use.
The Aspinwall Classification System divides and rates products on the basis of five variables namely,
In retailing, a product is named as merchandise and in production, it is finished goods.
