Product is one of the three ‘P’s in small business operations: People, Process and Product. It refers to the action outcome of the company. In reviewing or analyzing the product the owner has to look to the market to determine the demand for product and then correlate this demand to opportunity to generate profit.
There are a multitude of principles used in business, some are industry specific, others are functions of business. But there is one that is a general principle that is used across the board in all […]