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Is there a single word that can represent the phrase "product or service" as in this sentence:

Companies won't succeed unless they can provide a wanted product or service at a fair price.

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'thing'? You are getting so general the word isn't going to add much value. – Oldcat Mar 28 '14 at 17:56
Or how about 'can provide for customer's wants/needs at a fair price' ? – Oldcat Mar 28 '14 at 17:57
Forget it. There isn't a single word in general use, which is why in many contexts people often use products (or commodities) to mean both physical items and services. – FumbleFingers Mar 28 '14 at 18:02
maybe commodity? (In economics, a commodity is a marketable item produced to satisfy wants or needs.) – medica Mar 28 '14 at 18:09
@medica: "Commodity" has several meanings, some of which suggest something quite different. "Product or service that is for sale" (marketed) is as good as it gets, IMO. – Drew Apr 22 '14 at 22:13
up vote 0 down vote accepted

I'd suggest "output" as a general term which may refer to physical products or services altogether.

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This is a very bad choice, IMO. (1) It is vague to the point of having nothing necessarily to do with (a) production or (b) service or (c) the market (selling). Using this term to replace what was wanted removes all useful meaning. But since this was chosen perhaps the question as posed does not really reflect what was wanted (i.e., the real question). – Drew Apr 22 '14 at 22:17

By the definition used in economics, products include services! Not all products have to be tangible goods. It is perfectly acceptable to say, for example, that a haircut is a product of a barbershop.

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Good, but that seems to be more of a product and less of a service.

'produce wanted goods' sounds not bad.

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In Canada the term chosen to describe the scope of a Federal tax was "Goods and Services Tax" (GST). The same choice of words is used by the Antipodeans.

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Companies won't succeed unless they can provide a wanted product or service at a fair price.

You could replace the phrase "provide a wanted product or service" with "meet a market demand". The phrase "market demand" can be seen as covering both products and services. As amended, it would be:

Companies won't succeed unless they can meet a market demand at a fair price.

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About the closest I've found is - solution. Companies won't succeed unless they can provide a solution at a fair price.

The other candidate is - proposition. Companies won't succeed unless their proposition is at a fair price.

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Neither "solution" nor "proposition" has anything to do, necessarily, with products, services, or selling (the market). – Drew Apr 22 '14 at 22:18

I don't know if this will be of any help, but 'Offerings' works quite well.

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Please clarify your offering. – Matt E. Эллен Sep 24 '14 at 9:16

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