It can be both, depending on packaging.
By "cement" you're talking plain ol' Portland Cement for making concrete, correct?
In bulk it's a commodity; in 94-pound bags it's a product.
commodity
Pretty much so - it is a bulk commodity even though producers will claim that their product has got the special edge over their competition. But then they would, wouldn't they?
commodity
Commodity = needs Product = quality In my POV, the commodity approach merely focuses on the consumers' demands whilst the product approach focuses on bringing consumer demand by creating a product that's of great quality.
The opposite of commodity could be a branded good or product. The opposite (alternative) of a physical commodity could be an intangible one such as a financial derivative.
The opposite of commodity could be a branded good or product. The opposite (alternative) of a physical commodity could be an intangible one such as a financial derivative.
If it is a product of James Hardie, no. It is primarily a Portland Cement and cellulose product.
In general, Retail Industry - any Product can be defined in multiple ways ( hierarchy ) * Department * Sub-department * Class * Commodity * Sub-commodity
Product Commodity Regulatory Ordinance
Commodity
What the product is that is being shipped.
Enumerated commodity