And if you make the âZestimate is too highâ argument, youâll probably get laughed at by the seller and the real estate agent. Of course, if I were buying a home and had the choice, Iâd want to be making an offer on a home that was listed below the Zestimate, whether accurate or not.
Definition of 'Product'. Definition: A product is the item offered for sale. A product can be a service or an item. It can be physical or in virtual or cyber form. Every product is made at a cost and each is sold at a price. The price that can be charged depends on the market, the quality, the marketing and the segment that is targeted. Each product has a useful life after which it needs replacement, and a life cycle after which it has to be re-invented.
The product is something tangible that you get after going through a process. After doing some systems analysis work, the analyst will write a report. Doing the analysis is a process and the report is a product of that phase.Each product can be used as part of carrying out the next process.The analyst's report could be used as part of the design process. The resulting design, which is a product, is then used in writing the programs, which is another process.Thus there is no product that is not formed through a process.he analyst's report could be used as part of the design process. The resulting design, which is a product, is then used in writing the programs, which is another process.Thus there is no product that is not formed through a process.