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No it doesn't. In business speak a product is something you create, good or service. The difference between a good and service is that a service's product is co
by dkuntz2 13y ago
No it doesn't. In business speak a product is something you create, good or service. The difference between a good and service is that a service's product is consumed at the same time it's produced.
- carbocation 13y agoCan you state that in a way that also relates back to the grandparent's point to which I was responding?
- dkuntz2 13y agoHow does it not relate back to the point you were responding to? You were trying to expand the GP's statement in a way that wasn't implied. The argument that parts of the financial sector doesn't really make products is somewhat valid, and can be argued either way. The argument that all service industries don't make products is wrong.
- breischl 13y agoIf the GP had made a more nuanced argument that sort parts of the financial sector are not really providing a valuable service, likely nobody would've disagreed. But what he actually said was: > If you are making money, but not a product then you are stealing from someone. Which is just plain wrong for at least two reasons already mentioned. Since then you've just been nitpicking at people pointing out the wrongness.
- dkuntz2 13y agoExcept that carbocation didn't point out anything. Carbocation tried to expand the scope of the original statement, which itself is wrong.
- tptacek 13y agoNo, the GP made an indefensible generalization as an attempt to sidestep a technical argument on the value of liquidity and financing, and when they got called on it you pretended to a specific argument they never made.
- tptacek 13y agoWhat? No it isn't. It's not true of accountants. It's not true of lawyers.