what are the various viewpoints to explain the concept of product ?

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Dear student,

Viewpoint Concept of Product

Belief It is believed that consumers favoured superior quality products and thereby, profits can be maximised by increasing the quality of the product.

Focus of the business The focus is on improving the quality of the product, adding new features, etc.

Methodology Emphasis on improving the features and quality of the product.

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Viewpoint	Concept of Product
Belief	It is believed that consumers favoured superior quality products and thereby, profits can be maximised by increasing the quality of the product.
Focus of the business	The focus is on improving the quality of the product, adding new features, etc.
Methodology	Emphasis on improving the features and quality of the product.