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Assignment-2

 Assignment-2

1. Diff between product based & service based company?

Ans:- 

Product-Based CompanyService-Based Company
Develops and sells its own product   Provides services to clients
Income comes from product sales or subscriptions   Income comes from client projects
Focuses on innovation and features    Focuses on client requirements
Product is same for all customers   Work changes based on each client
Strong emphasis on R&D   Strong emphasis on delivery and support
Better long-term scalability   Revenue depends on number of projects
Usually higher salary growth   Usually stable but moderate salary
Employees work on one product for long times

   Employees may work on multiple projects
 

Example: Google, Microsoft, Apple etc                        Example: TCS, Wipro, Infosys etc
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