A product may have multiple meanings depending on the perspective, these include:
A) product as an outcome of innovation.
B) product as a nature of demand.
C) product as part of an internal perspective.
D) All of the above.

Question

Quizplus · Accepted Answer

All of the above are valid perspectives on understanding a product. A product can be seen as an outcome of innovation in the sense that it is created to meet a specific need or solve a problem. It can also be seen as a nature of demand, meaning that it is something consumers want or need in order to fulfill a specific want or need. Finally, a product can be considered as part of an internal perspective, meaning that it is something produced or manufactured within an organization.

A Product May Have Multiple Meanings Depending on the Perspective