Commercial Applications

"It is a set of tangible and physical attributes such as material, colour, design, size, weight, etc., assembled in an identifiable form that a seller offers to customers for sale." What is it?

  1. Service
  2. Price
  3. Product
  4. Place

Markets & Marketing

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Answer

Product

Reason — A product is a tangible physical object that can be offered to a market for attention, acquisition, use or consumption and can satisfy a want or need. It includes physical attributes such as colour, design, size, weight and packaging.

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