product refers to
A) a tangible good received in exchange for a person's time and effort.
B) intangible activities or benefits that an organization provides to satisfy consumers' needs in exchange for money or something else of value.
C) a good that has in some way been altered, combined, or improved and sold to organizational buyers consumers.
D) is a thought that leads to an action such as a concept for a new invention.
E) a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is received in exchange for money or something else of value.

Question

Quizplus · Accepted Answer

Product can be classified as a good, service, or idea that satisfies consumers' needs and is exchanged for money or something else of value. A product can also consist of tangible (physical) and intangible (non-physical) attributes. Option E provides the most comprehensive definition of a product.

Product Refers to