What Is a Business Product?

A business product is a good or service, either physical or intangible, that is offered for sale by a company. The term can also be used to refer only to products sold by companies to other businesses (business-to-business sales). It is often contrasted with consumer goods, which are the goods and services that companies sell to individual consumers.

A company’s business products are the raw materials and parts that go into making the goods and services it offers for sale to its customers. This can include tangible items such as bicycles, telephones and desks or intangible ones such as software licenses and subscriptions. It can also include installation services, such as conveyor systems, robots and machine tools, which are designed and built to a specific design and used in the production of products.

In some cases, it can be difficult to determine whether an item is a business product or a consumer good. 사업아이템 The distinction is usually made by the intended use of the item. For example, flour bought for resale is classified as a consumer good, but when purchased by a bakery to make bread it is considered a business product. Pickup trucks can also be either consumer goods or business products depending on how they are used; a pickup truck purchased to transport lawn mowers for a service is a consumer good, but one bought to transport materials for a construction project is a business product.

The business product classification of an item affects several functions, for example, how the item is processed in a sales document. It also affects whether the item is a catalog or regular item and which field it appears in. It can also affect the fields that are relevant for the incompletion log, which outputs are permitted and the procedure for determining whether an item is regarded as completed. 프랜차이즈순위 Item categories are a set of control functions that you can adapt in customizing to meet the requirements for different types of sales documents.

A business product can appear in a variety of document types, including inquiries, quotations and sales orders. The system determines the item category in each document type based on the information entered for the business item. For example, a material with the item category group NORM is a standard item in an inquiry but a free-of-charge or text item in a quotation or sales order. In addition, you can define your own item categories in customizing to meet the needs of your company.