The Three Basic Forms That a Product Can Take Are

question 161

Multiple Choice

The three basic forms that a product can take are

• A) markets, products, and images.
• B) goods, ideas, and intangibles.
• C) brands, services, and tangibles.
• D) services, ideas, and goods.
• E) ideas, services, and things.

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Definitions:

Documents of Title

Legal documents that provide proof of ownership of property, including titles for vehicles or deeds for real estate.

Warehouse Receipts

Documents issued by warehouse operators certifying the possession and storage of specified goods.

Bills of Lading

Official documents issued by a carrier to acknowledge the receipt of cargo for shipment.

Accession

A method of acquiring property rights by adding value to personal property through labor or new materials.