product characteristics

  • 1Product information management — or PIM refers to processes and technologies focused on centrally managing information about products, with a focus on the data required to market and sell the products through one or more distribution channels. A central set of product data can… …

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  • 2Product engineering — refers to the process of designing and developing a device, assembly, or system such that it be produced as an item for sale through some production manufacturing process. Product engineering usually entails activity dealing with issues of cost,… …

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  • 3Product differentiation — In economics and marketing, product differentiation (also known simply as differentiation ) is the process of distinguishing a product or offering from others, to make it more attractive to a particular target market. This involves… …

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  • 4Product Structure Modeling — Product structure is a hierarchical decomposition of a product, typically know as the BOM (Bill of Materials).As business becomes more responsive to unique consumer tastes and derivative products grow to meet the unique configurations, BOM… …

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  • 5Product design — can be defined as the idea generation, concept development, testing and manufacturing or implementation of a product (physical object or service). Product Designers conceptualize and evaluate ideas, making them tangible through products in a more …

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  • 6product differentiation — A source of competitive advantage that depends on producing some item that is regarded to have unique and valuable characteristics. Bloomberg Financial Dictionary * * * product differentiation product differentiation ➔ differentiation * * *… …

    Financial and business terms

  • 7product line — noun a particular kind of product or merchandise a nice line of shoes • Syn: ↑line, ↑line of products, ↑line of merchandise, ↑business line, ↑line of business • Hypernyms: ↑merchandise, ↑ …

    Useful english dictionary

  • 8Product innovation — The process of product innovation involves the introduction of a good or service that is new or substantially improved. This includes, but is not limited to, improvements in functional characteristics, technical abilities, or ease of use …

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  • 9product research — noun marketing research that yields information about desired characteristics of the product or service • Hypernyms: ↑marketing research, ↑market research …

    Useful english dictionary

  • 10product line — 1. all of the products carried by a manufacturer, wholesaler, or retailer. 2. a group of products of the same manufacturer having similar or related characteristics and intended for similar or related markets. [1965 70] * * * …

    Universalium