What products are being offered by a shop

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Question: 1. Define, in your own words, what a Product is.

2. Discuss several ways in which physical goods are different from pure services. Give an example of a good and then an example of a service that illustrates each of the differences.

3. What products are being offered by a shop that specializes in bicycles? By a travel agent? By a supermarket? By a new car dealer?

4. What kinds of consumer products are the following:

(a) watches,

(b) automobiles.

(c) tooth-pastes? Explain your reasoning.

Reference no: EM131920615

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