Assignment 2

⧫  Difference Between Product based Company & Service based Company
 
PointProduct-Based Company            Service-Based Company
1. What they doBuild and sell their own productsProvide IT services to clients |
2. Income sourceProduct sales / subscriptionsProject-based or hourly billing
3. Work natureImprove one main product continuouslyDifferent work for each client
4. InnovationHigh R&D and innovationClient-driven, less R&D
5. Salary & growthGenerally higher salary, fast growthModerate salary, steady growth
ExampleGoogle, Microsoft, AppleTCS, Infosys, Wipro

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