Difference between revisions of "Work product"

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#REDIRECT [[Marketable]]
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[[File:Product.png|400px|thumb|right|[[Marketing mix]]]]A [[marketable]] (alternatively known as a [[marketable product]] or, simply, [[product]]) is any item that can be sold or serve as a not-for-sale [[source]] of the items that can be sold.
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==Definitions==
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According to [[Marketing Management by Keller and Kotler (15th edition)]],
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:[[Product]]. Anything that can be offered to a market to satisfy a want or need, including physical goods, services, experiences, events, person, places, properties, organizations, information, and ideas.
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According to [[Managing Quality by Foster (6th edition)]],
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:[[Product]]. A tangible good that is produced for a customer.
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According to the [[BABOK Guide|BABOK Guide (3rd edition)]],
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:[[Product]] ([[business analysis]]). A solution or component of a solution that is the result of an initiative.
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:[[Work product]] ([[business analysis]]). A document or collection of notes or diagrams used by the business analyst during the requirements development process.
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According to [[Juran's Quality Handbook by Defeo (7th edition)]],
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:[[Product]]. Result of a [[process]].
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==Types==
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===Intangible vs not-for-sale vs tangible===
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:With regard to its nature, a ''marketable'' can be one of the following:
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:#'''[[Intangible]]''', which is something identifiable, but not [[tangible]] such as [[concept]]s, [[data]], [[enterprise]]s, [[event]]s, [[experience]]s, [[idea]]s, [[information]], [[labor]], [[marketable permit]]s, [[marketable securities]], personal time, [[service]]s, [[software]], and any other non-physical property.
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:#'''[[Not-for-sale]]''', which is anything that is not (such as publicly-owned locations or places) and/or cannot (such as communities, governments, and persons) be private properties.
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:#'''[[Tangible]]''', which is a physical good such as animals, buildings, hardware, land, produce, and any other physical property.
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===Earned vs made vs purchased===
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:With regard to the way of its completion, a ''marketable'' can be one of the following:
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:#'''[[Work product]]''' or [[produced marketable]], which is made as a [[solution]] or component of a solution that is the primary result of a [[project]] or [[operations]]. In other words, a ''produced marketable'' is an article or substance that is produced and refined for sale.
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:#'''Purchased item''' available for sale.
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:#'''Earned entity''', which is not just a [[work product]] and cannot be sold itself, but is a not-for-sale [[source]] of the items that can be sold. These ''sources'' include communities, publicly-owned locations, governments, and people.
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==Features==
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*[[Marketing mix]]. A [[model]] representing distinguishable components of any ''product'', which must include a [[deliverable]], [[product delivery]], and [[product charge]].
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*[[Product scope]]. All the features and functions that characterize a ''product''.
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*[[Service]]. Work carried out or on behalf of others.
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==Development==
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*[[Product backlog]].
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*[[Product backlog item]].
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==Related lectures==
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*[[Business Modeling Quarter]].
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[[Category:Marketing Management]][[Category: Quality Management]][[Category: Septem Artes Administrativi]][[Category: Articles]][[Category: Business Analysis]]

Revision as of 16:51, 9 July 2020

A marketable (alternatively known as a marketable product or, simply, product) is any item that can be sold or serve as a not-for-sale source of the items that can be sold.


Definitions

According to Marketing Management by Keller and Kotler (15th edition),

Product. Anything that can be offered to a market to satisfy a want or need, including physical goods, services, experiences, events, person, places, properties, organizations, information, and ideas.

According to Managing Quality by Foster (6th edition),

Product. A tangible good that is produced for a customer.

According to the BABOK Guide (3rd edition),

Product (business analysis). A solution or component of a solution that is the result of an initiative.
Work product (business analysis). A document or collection of notes or diagrams used by the business analyst during the requirements development process.

According to Juran's Quality Handbook by Defeo (7th edition),

Product. Result of a process.

Types

Intangible vs not-for-sale vs tangible

With regard to its nature, a marketable can be one of the following:
  1. Intangible, which is something identifiable, but not tangible such as concepts, data, enterprises, events, experiences, ideas, information, labor, marketable permits, marketable securities, personal time, services, software, and any other non-physical property.
  2. Not-for-sale, which is anything that is not (such as publicly-owned locations or places) and/or cannot (such as communities, governments, and persons) be private properties.
  3. Tangible, which is a physical good such as animals, buildings, hardware, land, produce, and any other physical property.

Earned vs made vs purchased

With regard to the way of its completion, a marketable can be one of the following:
  1. Work product or produced marketable, which is made as a solution or component of a solution that is the primary result of a project or operations. In other words, a produced marketable is an article or substance that is produced and refined for sale.
  2. Purchased item available for sale.
  3. Earned entity, which is not just a work product and cannot be sold itself, but is a not-for-sale source of the items that can be sold. These sources include communities, publicly-owned locations, governments, and people.

Features

Development

Related lectures