Definition: A product is the item offered for sale. A product can be a service or an item. It can be physical or in virtual or cyber form. Every product is ...

Definition: Product life cycle (PLC) is the cycle through which every product goes through from introduction to withdrawal or eventual demise.

Definition: Minimum Viable Product or MVP is a development technique in which a new product is introduced in the market with basic features, but enough to get ...

Definition: GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally ...

Go through the glossary of financial terms and know the meaning of all financial terms through their definitions here at The Economic Times Mobile.

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The object or service that fulfils a customer's needs or preferences is a product. It is featured as an asset collection with physical characteristics such as ...

A brand name can create and stand for loyalty, trust, faith, premium ness or mass-market appeal, depending on how the brand is marketed, advertised and promoted ...

Definition: Price is the value that is put to a product or service and is the result of a complex set of calculations, research and understanding and risk ...

Product: refers to the item actually being sold. The product must deliver a minimum level of performance; otherwise even the best work on the other elements of ...