Glossary

Deutsch: Produkt
In an industrial context, a product is a tangible or intangible item that is created as a result of a process of production and that is intended to be sold or traded.

A product can be a physical object, such as a car, a phone, or a piece of furniture, or it can be a service, such as a haircut, a massage, or a software license.

In an industrial context, products are usually developed to meet the needs and wants of consumers and to generate profits for the company that produces them. The development and production of products involves a range of activities, such as research and development, design, manufacturing, marketing, and distribution.

Here are some examples of products:

1. Physical objects: These are tangible products that can be touched and held, such as cars, phones, computers, clothes, and appliances.

2. Services: These are intangible products that are provided to customers and involve the use of skills, expertise, or knowledge, such as haircuts, massages, consulting, legal services, and education.

3. Food and beverages: These are products that are consumed by people, such as fruits, vegetables, meat, dairy products, and drinks.

4. Pharmaceuticals: These are products that are used to diagnose, prevent, or treat diseases or medical conditions, such as drugs, vaccines, and medical devices.

5. Industrial goods: These are products that are used in the production of other goods or in the operation of a business, such as machinery, tools, and raw materials.

Overall, products play a crucial role in the industrial context as they form the basis of economic activity and provide the goods and services that people rely on in their daily lives.

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