Product is produced for the exchange of economic benefit. The product has two features: the exchange and use value.
Value
This concept is the ability of things to satisfy human needs, i.e. their usefulness. Consumer cost has the following characteristics:
Exchange value
Under a value in exchange mean the ability to exchange things for other things in certain quantities. This is done in case if the goods have different consumer value. Exchange ratio - is the cost of mental and physical abilities of the producers for the production of goods. Things are exchanged according to the amount of labor expended.
Product Classification
All products are divided into two large groups: industrial use, personal consumption.
The Goods of individual consumption can be: a long, short-term use, goods and services exclusive range.
Industrial goods materials and parts, auxiliary materials and services, capital construction.
Key features of the product
Product marketability – is the ability of tangible and intangible assets to be attractive in comparison with similar products, due to its characteristics and consumer assessments. This property is valued by producers is very high. It depends on whether the product or service traded in the market, and how successfully. In turn, depends on the profit of the company producing the product.
Recommended
Staff evaluation: system and methods
Personnel Assessment allows you to identify how competent the employees involved in the enterprise, and it is the performance of their work – the most significant factor affecting the efficiency of the company. To clarify the impact of performa...
How to start your own business: important aspects.
Many people, tired of working for someone else, are increasingly thinking about how to start your own business. Someone wants to open a salon, someone store, and someone enough and vegetable stalls. Before you throw in the pool with his head, it is i...
Business activities. its essence and basic functions
The Entrepreneurial activity of the citizen – is undertaken at your own risk and independent activity, which aims to systematically profit through the sale of works, goods, services, use of the property. The citizen engaged in such activities, ...
To improve the competitiveness of goods are taken various measures: quality improvement, marketing activities, including advertising.
The Item is a set of parameters that characterize its competitiveness. They can be divided into:
“Hard” indicators are divided into the following groups:
Item – it is necessary to the life of every thing. He can act different roles, but always created exclusively for human consumption and the satisfaction of his needs.
Article in other languages:
AR: https://tostpost.com/ar/business/22792-a-commodity-is-an-economic-good.html
HI: https://tostpost.com/hi/business/24419-a-commodity-is-an-economic-good.html
PL: https://tostpost.com/pl/biznes/42517-towar---jest-to-ekonomiczne-korzy-ci.html
PT: https://tostpost.com/pt/neg-cios/42096-a-mercadoria-um-bem-econ-mico.html
UK: https://tostpost.com/uk/b-znes/41146-tovar---ce-ekonom-chne-blago.html
ZH: https://tostpost.com/zh/business/47714-a-commodity-is-an-economic-good.html
Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."
Related News
General cleaning as one of the activities of the cleaning company
the Crazy pace of modern life forces us to dissolve completely into work, school and everyday chores. Returning after a grueling day in your own apartment, I want comfort, peace, and purity. Even a quick surface cleaning in this c...
Entrepreneurial activities are full of risks. They meet here and there. One of the most likely operational risk. What is it? How is operational risk management? What influences its value? General information let's start with the t...
How to write a business letter: guidelines and recommendations
an essential attribute of any business is business correspondence. Employees of each enterprise communicate with colleagues and customers, with suppliers and customers. In General, in your daily routine of any office will certainl...
Freight is the transportation of goods or a payment for it?
"Freight" – is the word which came to Russian language from German. Literally translates as "cargo". Originally had several meanings: carriage of goods by sea; payment for it and are transported objects. Nowadays, the defini...
Scraper conveyor: principle of operation, types, purpose and features
Drag conveyors have gained a huge spread in the coal industry. They can move the load at a fixed discharge chute with scrapers, which are connected to a moving chain. These conveyors are used to transport pulverized, granular and ...
How to open a car wash in the city or town
If you wish, there will be the result. This rule applies to any field of our life. Business begins with registration – the design of the individual enterprise, registration with the tax inspection and the choice of tax syste...
Comments (0)
This article has no comment, be the first!