Hypernyms (Tudor is a kind of...): ruler; swayer (a person who rules or commands) Holonyms (Tudor is a member of...): House of Tudor; Tudor (an English dynasty descended from Henry Tudor; Tudor monarchs ruled from Henry VII to Elizabeth I (from 1485 to 1603)) â¢ TUDOR (adjective)
A good is defined as something tangible, whereas a service is always intangible such as a lawyerâs advice or maintenance of your computer by a professional. However, it is common to talk about products of a company, and we refer to the product line of a company when describing the goods and services offered by it.For most of us, goods and products are synonyms to be used interchangeably. Let us take a closer look.owever, it is common to talk about products of a company, and we refer to the product line of a company when describing the goods and services offered by it. For most of us, goods and products are synonyms to be used interchangeably. Let us take a closer look.
1 A product refers to an arrangement for buying and selling of commodities. 2  The examples of product market are Rice market, Fish market, etc. 3  In the product market the households are the buyer.4  The demand for product is a direct demand. The demand for product is a direct demand. 2  The price of the product is determined by the interaction of demand and supply of product. 3  This market facilitates exchange of goods and services in the society.