- substitute product
- substitute product UK US noun [C] ECONOMICS, COMMERCE► a product that can satisfy some of the same customer needs as another: »
Energy drinks have become a substitute product for coffee.
Financial and business terms. 2012.
substitute product
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substitute product — / sʌbstɪtju:t ˌprɒdʌkt/ noun a product which may be bought instead of another when the price of the original product changes or if it becomes unavailable ● We must match our competitors since they produce substitute products to ours. ● As the… … Marketing dictionary in english
product — prod‧uct [ˈprɒdʌkt ǁ ˈprɑː ] noun 1. [countable] COMMERCE something useful and intended to be sold that comes from nature or is made in a factory: • Distributors for Amway sell numerous products, including cleaning and personal care products … Financial and business terms
Product Structure Modeling — Product structure is a hierarchical decomposition of a product, typically know as the BOM (Bill of Materials).As business becomes more responsive to unique consumer tastes and derivative products grow to meet the unique configurations, BOM… … Wikipedia
Substitute — A product or service that satisfies the need of a consumer that another product or service fulfills. A substitute can be perfect or imperfect depending on whether the substitute completely or partially satisfies the consumer. A consumer might… … Investment dictionary
substitute — ▪ I. substitute sub‧sti‧tute 1 [ˈsʌbsttjuːt ǁ tuːt] noun [countable] 1. something new or different that can be used instead of something else: • Sugar substitutes are used by the soft drinks industry. substitute for • Training is important but… … Financial and business terms
Substitute good — In economics, one kind of good (or service) is said to be a substitute good for another kind insofar as the two kinds of goods can be consumed or used in place of one another in at least some of their possible uses. Classic examples of substitute … Wikipedia
alternative product — substitute product, product that may be purchased in place of another product … English contemporary dictionary
Blood substitute — A blood substitute (also called artificial blood or blood surrogates) is a substance used to mimic and fulfill some functions of biological blood, usually in the oxygen carrying sense. They aim to provide an alternative to blood transfusion,… … Wikipedia
Sugar substitute — Sweetener redirects here. For other uses, see Sweetener (disambiguation). Sugar free redirects here. For other uses, see Sugar free (disambiguation). Packets of Assugrin, a brand of cyclamate. A sugar substitute is a food additive that duplicates … Wikipedia
Coffee substitute — Coffee substitutes are non coffee products, usually without caffeine, that are used to imitate coffee. Coffee substitutes can be used for medical, economic and religious reasons, or simply because coffee is not readily available. Roasted grain… … Wikipedia
