To determine: The general categories of products.
Introduction: A product is a good or service that can be purchased or experienced. It can be substantial or in virtual or digital frame. Each product is made at a cost and each is sold at a cost.
Explanation of Solution
The general categories of products are as follows:
A product is all that one gets in a trade, including all tangible and intangible properties and expected advantages. If the product is a genuine, the cost may likewise incorporate such services as conveyance, establishment, guarantees, and preparing. If the product is a service, the buyer may acquire, as on account of managing a lawyer, the exhortation looked for as well as a money related reward because of that counsel.
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