Products or offering & Supply chain

Products or offering

01.10 Products or offering

We satisfy our needs & wants with goods and services. Therefore product is any can satisfy a need or want. It may be

·         Physical products         -eg. Car, TV., radio..

·         Services                       -eg. Transportation service

·         Persons                        -eg. Mycale Jackson , Arnold

·         Places                          -eg. China wall , London’s opera

·         Activities                     -eg. Physical exercise

·         Organization                -eg. Fitness center, health club

·         Events                          -eg. Olympic  games

·         Experiences                 -eg.  Excel world, snow world

01.11 Supply chain

Supply chain describes a longer channel stretching from raw material to components to final products that are carries to final buyers. The supply chain represents a value delivery system. Each company captures only a certain pertain percentage of the total value generated by the supply chain.