In marketing, a product is anything that can be offered to a market that might satisfy a want or need. In retailing, products are called merchandise. In manufacturing, products are bought as raw materials and sold as finished goods. Commodities are usually raw materials such as metals and agricultural products, …
Blog Archives
February, 2021
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2 February
marketing strategy
Marketing strategy is the goal of increasing sales and achieving a sustainable competitive advantage. Marketing strategy includes all basic and long-term activities in the field of marketing that deal with the analysis of the strategic initial situation of a company and the formulation, evaluation and selection of market-oriented strategies and …
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2 February
free
Gratis or is the quality of an action where the action is willingly provided without any requirement by the provider for compensation or monetary remuneration. It is often referred to in English as free of charge (FOC), complimentary, or on the house. Companies, producers, and service providers often provide certain …
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1 February
utilities
A public utility (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. The term utilities can also …