Unit 18: New portfolio development
and product portfolio analysis
, The nature of products
• A product is anything that can be exchanged
and is able to satisfy customers’ needs.
• It might be a tangible physical GOOD, or it
might be an intangible, non-physical SERVICE
• There can by PRODUCER or INDUSTRIAL
PRODUCTS and CONSUMER PRODUCTS
• What are the characteristics of a ‘good’
product?
and product portfolio analysis
, The nature of products
• A product is anything that can be exchanged
and is able to satisfy customers’ needs.
• It might be a tangible physical GOOD, or it
might be an intangible, non-physical SERVICE
• There can by PRODUCER or INDUSTRIAL
PRODUCTS and CONSUMER PRODUCTS
• What are the characteristics of a ‘good’
product?