Table of Contents
What is the difference between farm products and farm produce?
Hence agricultural products can be defined as all the products obtained from agriculture. Agricultural products are also referred to as agricultural produce, agro products or agro produce. Agricultural products are known to be raw materials for both agricultural industries and non-agricultural industries.
What do by products mean?
Definition of by-product 1 : something produced in a usually industrial or biological process in addition to the principal product Sulfured molasses is a by-product of sugar refining.—
What are examples of produce?
Produce is a generalized term for many farm-produced crops, including fruits and vegetables (grains, oats, etc. are also sometimes considered produce). More specifically, the term produce often implies that the products are fresh and generally in the same state as where and when they were harvested.
What is the difference between goods and products?
Products and goods are used as synonyms in common parlance. However, a good is something that is tangible in contrast with the services which are intangible. Both goods are services are products. Anything, whether good or service offered in the market is a Product.
What is the difference between product goods and services essay?
Differences between goods and services Essay. The most obvious difference between a good and a service is the tangibility property where a good is tangible in that it can be touched, seen and even smelt. Services, however, are perishable in that they lack shelf life as they are delivered at one instance.
What is product and main product?
The term “by product” is generally used to denote one or more products of relatively small total value that are produced simultaneously with a product of greater total value. The product with the greater value, commonly called the “main product“, is usually produced in greater quantities than the by products.
What’s considered produce?
Produce is a generalized term for a group of farm-produced crops and goods, including fruits and vegetables – meats, grains, oats etc. are also sometimes considered produce. More specifically, the term “produce” often implies that the products are fresh and generally in the same state as where they were harvested.
What is this word produce?
To produce is to create, manufacture, or cultivate. As a noun, produce (accented first syllable) is the product of gardening: fruits and vegetables. The verb form of this word (accented last syllable) has several meanings, all related to making, creating, bringing forth, or raising.
What are called products?
Definition: A product is the item offered for sale. A product can be a service or an item. It can be physical or in virtual or cyber form. Every product is made at a cost and each is sold at a price. The price that can be charged depends on the market, the quality, the marketing and the segment that is targeted.