Product Families: The Benefits You Should Know.

Product Families: The Basics What are the 7 types of product? There are 7 types of product: 1. Services 2. Experience 3. Physical 4. Information 5. Place 6. Membership 7. Event 1. Services are intangible and cannot be touched. They are produced by people and businesses to satisfy customer needs or wants. They are often … Read more

What Are Punitive Damages?

Punitive damages are a type of damages that may be awarded in a civil lawsuit in order to punish the defendant for their actions. These damages are typically only awarded in cases where the defendant’s actions were particularly egregious, such as in cases of fraud or intentional harm. Punitive damages are meant to discourage the … Read more

What are syndicated shares?

Syndicated shares are those parts of the capital of a company that cannot be freely transferred because such shares are subject to an agreement. This means that in order to transfer the syndicated shares it is necessary to previously reach an agreement with the rest of the shareholders. What are syndicated shares for? Syndicated shares … Read more