Terminology changes the product name in the menus, but the name "product," as the type or hierarchy level, can't be changed as part of the product hierarchy, like you can change product line names.
This is confusing for reporting, because the new product line names show up in reporting, but the product terminology does not replace "product" as the type in reports. While you can change it in the report list view, it is confusing for users to understand that they have to choose "product" as the lowest hierarchy level instead of what the company calls this data level. For all other product line levels - the name of the product line is at least shown in parentheses and this is clear. It should be the same for the product level.
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