Product based company
The company which will have their own products .These products are used by the other companies bypaying money to this companies.
Service Based Company
These companies depend on the clients.Means that,they will develop a product or an application for the other companies.
product is tangible and service is intangible.
Im guessing you mean the difference between producers and consumers. Producers make a product or give a service, and consumers purchase, a service or product.
A service organization's end product is a service. A manufacturing organization's end product is a product.
Software is a by-product of a project and a project uses software as a tool. Analyze their relationship and you will get the difference between the two.
Product quality is the way a product performs. While service quality is how well an experience was when shopping for, buying, using a product or service.
product is tangible and service is intangible.
They are very similar but in product promotion you describe the benefits of using a product and how it will improve your life. In service promotion you describe the value and benefits of opting in to a service. There isn't much of a difference except one is tangible and the other intangible.
Following are the Difference between physical product and services product Physical product realiability aesthetics adaptability usability functionality approprateness Services Product friendliness safety biling responsiveness to requests appearance of physical facilities approachability of the service provider willing to listen to customer honesty and an ability to communicate in clear language
The dealer is the person selling a product / service or making deals with customers to sell some thing. The customer is the person buying the product / service.
software engineering is the the management of different phases in SDLC to give a quality product. Software manufacturing refers to the whole process from scratch to end.
Retail provides a product for sale. Hospitality provides a service for sale
It is the amount added to the value of a product or service, equal to the difference between its cost and the amount received when it is sold.for example:Delivering excellent service - high quality, attentive personal service can make the difference between achieving a high price or a medium oneProduct features and benefits - for example, additional functionality in different versions of software can enable a software seller to charge higher prices; different models of motor vehicles are designed to achieve the same effect.