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Product based companyThe company which will have their own products .These products are used by the other companies bypaying money to this companies.Service Based CompanyThese companies depend on the clients.Means that,they will develop a product or an application for the other companies.
Product based company is one which develops the its own products like hardware monitors , keyboard etc . Product based company uses there own idea to introduce theire product and they work on them from scratch to product. whereas Project based companies provides services to those products or to projects which were developed by other companies.
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Product based company will be involved in the development of Product like a Telecom Product or Billing Product etc., Microsoft is a Product based company.Service Based company will be involved in the development of Application which will used to serve the various sectors such as Insurance, Health care, Retail, Banking etc., There are lot of Service based companies such as TCS, Wipro, Satyam etc.,
Product development company is one which develops its own products and markets them. Where as IT services company is one which is based on projects from various government or non-government organizations. e.g. Oracle, Microsoft, Symantec are product companies where as Wipro, TCS and Infosys are IT services companies
Wels Fargo, Pramati Technolgies, Planet Soft, Persistent Systems
Product Based companies generally make and sell their products. For example, Coca cola, Pepsi, Colgate. They manufacture the products in the plants, market and sell them with profit to the customers. Services based companies sell their services to the clients. Any company providing services to commercial entities/businesses or consumers, e.g. consulting, engineering, medical, recreational, therapeutic, financial, etc.
There r 2 broad categories of companies based on what they produce:product based companies are those which give give the final product..they create the whoe package...process basedare those which just process the product into finer output.. jus a part of the whole production process..they derive products from existing goods.eg;food processing units
Pure competition companies are companies have no control of the price of their product. Their product is standardized throughout all of the companies selling it. There are large numbers of both buyers and sellers of the product.
Pepsi companies are sold all around the country. Pepsi companies sell things like drink and chips.
I would say 99% are service based relying on off-shore business, Product based companies apart from few (like Netsol) focus in domestic market. No Pakistani company exists in billion dollar market of antivirus/computer security. I found one company running a PC optimization utility known as reginout and it seems it is going well.
Some of the advantages and disadvantages of product structure are that product structure enables companies to remain flexible in the business environment. Businesses are able to remove or expand specific structures as necessary, but it can prevent companies from achieving broad based goals as each structured unit is operated on its own.