A product can be:a)Tangibleb)Intangiblec)Something that is offered for...
**Explanation:**
A product can be classified into various categories based on its characteristics and nature. The correct answer to this question is option 'D' - all of the given options. Let's break down each option and explain why it is correct:
**a) Tangible:**
A tangible product refers to something that can be touched, felt, and physically experienced. It has a physical form and can be seen and handled by the consumer. Examples of tangible products include smartphones, clothing, furniture, and books.
**b) Intangible:**
On the other hand, an intangible product is something that cannot be touched or physically experienced. It lacks physical form and exists in the form of services or ideas. Examples of intangible products include insurance, banking services, software, and education.
**c) Something that is offered for sale:**
A product is generally something that is produced or manufactured to be offered for sale in the market. It is created to fulfill a consumer's need or want and is exchanged for money or other forms of compensation. Whether tangible or intangible, a product is designed to be sold and generate revenue for the producer.
**d) All of the given options:**
The correct answer to this question is option 'D' because it encompasses all the possibilities. A product can be tangible or intangible, depending on its nature. Additionally, regardless of its physical or intangible form, a product is created with the intention of being offered for sale in the market.
In conclusion, a product can be tangible, intangible, and something that is offered for sale. It is crucial to understand the different dimensions of a product to effectively market and sell it to consumers.
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