Difference between revisions of "Product"
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Literally, [[product]] is anything that is produced. This term has a wide range of applications: | Literally, [[product]] is anything that is produced. This term has a wide range of applications: | ||
*In [[business]] and [[marketing]], ''product'' usually refers to [[marketable|marketable product]] (or, simply, the '''[[marketable]]''') that is developed by an industrial process or farming to be sold and re-sold as a commodity. | *In [[business]] and [[marketing]], ''product'' usually refers to [[marketable|marketable product]] (or, simply, the '''[[marketable]]''') that is developed by an industrial process or farming to be sold and re-sold as a commodity. | ||
| − | *In [[business analysis]], ''product'' may refer to | + | *In [[business analysis]], ''product'' may refer to [[work product]] that either [[business analyst]]s produce or the [[customer]] seeks to obtain when their [[requirement]]s are implemented. |
*In [[effort administration]], [[engineering]], and [[project management]], ''product'' usually refers to '''[[work product]]''', so does this word, ''product'', in the [[product backlog]] and [[product backlog item]] ([[product backlog item|PBI]]) terms. | *In [[effort administration]], [[engineering]], and [[project management]], ''product'' usually refers to '''[[work product]]''', so does this word, ''product'', in the [[product backlog]] and [[product backlog item]] ([[product backlog item|PBI]]) terms. | ||
*In [[mathematics]], ''product'' is the result from the multiplication together of numbers or expressions. | *In [[mathematics]], ''product'' is the result from the multiplication together of numbers or expressions. | ||
*In [[social science]], ''product'' is something or someone resulting from environment or a set of other conditions. | *In [[social science]], ''product'' is something or someone resulting from environment or a set of other conditions. | ||
Revision as of 20:30, 9 July 2020
Literally, product is anything that is produced. This term has a wide range of applications:
- In business and marketing, product usually refers to marketable product (or, simply, the marketable) that is developed by an industrial process or farming to be sold and re-sold as a commodity.
- In business analysis, product may refer to work product that either business analysts produce or the customer seeks to obtain when their requirements are implemented.
- In effort administration, engineering, and project management, product usually refers to work product, so does this word, product, in the product backlog and product backlog item (PBI) terms.
- In mathematics, product is the result from the multiplication together of numbers or expressions.
- In social science, product is something or someone resulting from environment or a set of other conditions.
