Whatever assertion that would be made as a response to that same questioning is untrue.
How do you define a product?
The object being sold is referred to as a product. A services or an object both qualify as products. This could take on such a physical, digital, or virtual form. Each product does have a cost associated with that as well, and every one has a cost. The marketplace, the quality, the marketing, and the group that is being targeted all influence the price that might be charged.
Who decides what the product is?
Whatever their formal title within the firm, the person who is ultimately in charge of defining the product is the product manager or product strategist. For instance, a few of the co-founders are frequently the product visionaries in early-stage startups.
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