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Define Product.How Do Marketers Perceive Products

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Define product.How do marketers perceive products?


Definitions:

Private Property

Private property refers to the rights individuals or organizations have to own, use, and dispose of land, buildings, goods, or intellectual property privately, without interference from the government.

Innovation

The first commercially successful introduction of a new product, use of a new method of production, or creation of a new form of business organization.

Property Value

The market worth of a property, including land and any buildings on it, influenced by location, condition, and market trends.

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