Product (business) Article Index for
Product
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Product (business)




In general usage, product may refer to a single item or unit, a group of equivalent products, a grouping of goods or services, or an industrial classification for the goods or services.


''SINGLE UNIQUE PRODUCT''

Product may refer to a unique product, such as a single carton of brand X milk, a single customized interior design, a single piece of lumber, or a single hour of technical support. Serial numbers are used to identify certain unique products. A vehicle identification number identifies a unique motor vehicle.

The term defective product usually refers to a single instance or a few instances of unique products not meeting specifications or standards.Every product is unique in the sense that it cannot be sold to customer A and customer B at the same time, or sold twice at the same time to a single customer. An Invoice is a business document requesting payment for actual product delivered.Double billing is the error of charging a customer twice for the same unique product.


EQUIVALENT OR INTERCHANGEABLE PRODUCT