Consumption) Colt York
Transportation costs can be classified as either period costs or product costs, depending on the context. If the transportation is related to delivering finished goods to customers, it is typically considered a period cost, as it is expensed in the period incurred. Conversely, transportation costs associated with moving raw materials or products within the production process are generally considered product costs and included in inventory. Therefore, the classification depends on the nature of the transportation expense.
Cost that is directly associated with the product. eg: if you buy any product on line then you have to pay extra price for its transportation cost or sometimes it is already included in the price of the product.
The chain of production is the different stages involved in the production of a particular product :)
Shipping supplies passed on to the consumer so just added to ship price.
Transportation cost
Logistics is basically anything that involves getting the product to the consumer. Without logistics, a business would almost certainly fail. There has to be a way to fund the product, develop the product and get the product to the consumer.
an idea for a product is formulated and development of the product begins. During this stage sales are zero, consumer research begins, and promotion consists of public relations
Logistics deals more with planning, information flow, and improving on the ways to get the product to the consumer. Distribution is basically just the process of physically getting the product to the consumer.
Consumer Product Safety Commission
Consumer Product Safety Commission <---For A+ :)
an idea for a product is formulated and development of the product begins. During this stage sales are zero, consumer research begins, and promotion consists of public relations
Product quality is a trait where the product meets or exceeds the expectations of the end consumer. Quality also has the element of consistency involved. Products that are high quality consistently meet expectations.
The primary consumer of this product is typically the target audience or demographic that the product is designed for.
Packaging can affect quality by protecting the product from damage during transportation and storage, maintaining product freshness and preventing contamination. Additionally, packaging can also influence consumer perception of the product's quality through its design and presentation.
B2C is the abbreviation for the phrase business to consumer. This refers to a company which sells their product directly to the consumer without a middle company or person involved. Amazon is an example of a B2C company.
Recall an unsafe product.