What is defined as a tangible artifact produced by either human or mechanical work?

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The term "product" refers specifically to a tangible artifact that is created through human or mechanical efforts. This can encompass a variety of items, from manufactured goods to handcrafted objects, all of which can be physically touched or handled.

In a business context, products are often the end result of a production process intended for sale to consumers or other businesses. This distinction of being a tangible item is crucial because it sets products apart from services, which are intangible and involve a different kind of economic transaction.

While the terms "goods" and "offering" may sometimes be used interchangeably in casual conversation, "goods" typically refers specifically to physical items that can be sold, and "offering" is a broader term that may include both products and services but does not exclusively define tangible items. Thus, "product" is the most accurate term to describe the tangible artifact generated by work.

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