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Produkt

Produkt is a German noun meaning something that is produced, a good or service offered on the market. In economics and marketing it designates a tangible item or a service arising from production. The term is widely used in contexts such as product development, product management, and product policy. In everyday language, synonyms include Ware and Erzeugnis, though Produkt is common in business and technical writing. The plural is Produkte.

In mathematics, Produkt denotes the product of numbers or expressions. It is the result of multiplying a

In economic and business usage, Produkt distinguishes the item or service from production processes. It is

Across German-speaking contexts, Produkt is a standard term in science, industry, and commerce, cognate with the

set
of
factors.
For
example,
the
Produkt
of
3
and
4
is
12,
and
the
Produkt
of
a1,
a2,
...,
an
is
a1
×
a2
×
...
×
an.
The
notation
∏
from
i
=
1
to
n
is
standard
for
representing
a
finite
product,
and
the
concept
is
considered
alongside
the
sum.
central
to
areas
such
as
Produktpolitik
(product
policy),
Produktentwicklung
(product
development),
and
Produktmanagement
(product
management).
Concepts
like
Produktlebenszyklus
(product
life
cycle),
Produktdifferenzierung
(product
differentiation),
and
Produktportfolio
or
Produktmix
describe
the
planning,
branding,
pricing,
packaging,
and
distribution
of
a
firm’s
offerings.
A
product
may
belong
to
a
Produktlinie
(product
line)
and
is
frequently
analyzed
in
terms
of
features,
quality,
and
market
fit.
English
word
product
and
related
terms
in
other
languages.