JAMB - Commerce (2000 - No. 2)
Product involves
making goods avaiable where and when needed
changing the form of goods, moving and making them avaiable as needed
the manufacturing of goods and provision of services
the assembling of all necessary parts to produce a finished product
Selitys
Product involves both the manufacturing of goods and the provision of services. This encompasses the creation of tangible products as well as the delivery of intangible services that fulfill customer needs and provide value.