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Service company. Offshore product development sector
one is quality of the service and the other is quality of the product. Product quality usually includes features, performance, defects etc. Service quality includes delivery time, knowledge of delivery personnel etc.
The purpose of verification is to check that a product, service, or system meets a set of initial design requirements, specifications, and regulations. In the development Phase, verification procedures involve performing special tests to model or simulate a portion, or the entirety, of a product, service or system, then performing a review or analysis of the modeling results. In the post-development phase, verification procedures involve regularly repeating tests devised specifically to ensure that the product, service, or system continues to meet the initial design requirements, specifications, and regulations as time progresses. Whereas validation is meant to check that if the development and verification procedures for a product, service, or system result in a product that meets the initial Requirements, specifications, and regulations. For a new development flow or verification flow, validation procedures may involve modeling either flow and using simulations to predict faults or gaps that might lead to invalid or incomplete verification or development of a product, service, or system. A set of validation requirements, specifications, and regulations may then be used as a basis for qualifying a development flow or verification flow for a product, service, or system. It is a process of establishing evidence that provides a high degree of assurance that a product, service, or system accomplishes its intended requirements. This often involves acceptance of fitness for purpose with end users and other product stakeholders. This is often an external process.
A close substitute is a product or service you can purchase in place of another and still get the same satisfaction. There are many substitute goods available on the market.
Sequential design follows a logical pattern in the development of a product. Once a function is such as Engineering is done with their portion of the design, it is then handed off to the next function to complete their portion. This process continues until the product/service is complete and to the end user.
trademark
yes
trademark
Though both have want satisfying power, products are tangible in nature whereas services are intangible.
swot analysis
Demand estimation's purpose is to determine the approximate level of demand for the product whereas demand forecasting's purpose is to estimate the quantity of product or service that consumers will purchase.
product and service in your life cycle
want is just a desire. it's basically a luxury you can live without. a need is a necessity it requires supply or relief.
A service organization's end product is a service. A manufacturing organization's end product is a product.
product
SERVICE.....
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.