Concept information
Preferred term
product classes
Definition
- Product classes are groupings of products into meaningfully different categories based on aspects of their marketing characteristics and/or characteristics of their purchasers. Products are normally classified as either consumer products (purchased by final household consumers for their own personal use and satisfaction) or organizational products (purchased by organizations for the production of other products and services). [Source: Encyclopedia of Health Care Management; Product Classes]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/product_classes
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