Describe the product features/characteristics that have influenced the diffusion process (Reference: Diffusion of innovations) (Use paras, headings, subheadings, bullet points to address your points in the description)

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Q: product

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A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a…

Q: what is the summary (bullet type) of this topic?

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A: Above question is answered below:

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Q: Plant

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Product and Service Classification

Classification of goods and services categorized between industry and customer goods is known as Product and Service classification. It is based on brands, quality, and quantity which companies deliver to the concerned client. Industrial goods are produced for industrial work, whereas consumer goods are produced for personal consumption by the customers. Marketing and sales need technological methods, a healthy environment, proper market strategies, marketing environment in terms of productivity and profit.