Janie is looking to open a cupcake shop. She wants to make sure her shop is successful, so she hires a consultant to help her determine the best location for her new business. In this example, the information given to Janie by the consultant is considered a product.

Consultant

A professional who provides expert advice in a particular area such as business, education, law, or technology.

Cupcake Shop

A specialized retail outlet that focuses on the production and sale of cupcakes, often featuring a wide variety of flavors and designs.

Successful

Achieving desired goals and outcomes, marked by accomplishments that fulfill intended purposes or objectives.