In marketing, the formal product is the actual product - what you actually receive. Compare this to the core product, which is the benefit/utility derived by the consumer. A watch can be used as an example. The formal product could be whether the watch is leather or metal, battery-operated, etc. The core product would be the more abstract reasoning as to selecting a watch: status appeal, knowledge of time, style/fashion, gifting, etc.
Cartel
A formal economy is an official economy, as recognized by the government and baised on paid employment
Warranties
You ask them for a quotation in writing.
a product designer basically designs consumer/medical, etc. products for everyday use. the formal name for a product designer is and industrial designer
a product designer basically designs consumer/medical, etc. products for everyday use. the formal name for a product designer is and industrial designer
there is no more formal then both because actually, poetry is the art of making poems... now POEM is the product of poetry.. POET is the one who makes poem.
"No contract" means that there is no formal agreement or commitment required to use this service or product. Users are not bound by any specific terms or conditions and can discontinue using the service or product at any time without penalty.
Core Product refers to the part of the product that has the core bnefits and is mostly related to the core comptences of the business. For instance, Honda manufactures engines whihc are their core product. COre products are later used for developing products for end-user consumtion. Honda's engines are used for developing cars, and household machinery. This additions are the augmented elements of the product, which bring a further benefit to the use of the particular product.
One which is a product of growth or a long period of development originating in customs, traditions, judicial decisions, etc., rather than from a deliberate and formal enactment
it is an informal group
Differene of formal,informal and non-formal education