A Product Line Can Also Be Lengthened by Adding More

question 70

Multiple Choice

A product line can also be lengthened by adding more items within the present range. There are several motives for line filling. Which of the following is one of them?

• A) responding to senior management wishes
• B) responding to consumer wishes
• C) reaching for incremental profits
• D) reaching for incremental capacity
• E) responding to sales-force demands

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Definitions:

Compounded Quarterly

The process of calculating and adding interest to the principal sum of an investment or loan every quarter of a year.

Investment Worth

The value of an investment, taking into account both potential returns and risk level.

Compounded Semiannually

Refers to the process where interest is added to the principal balance of a loan or deposit twice a year, effectively increasing the amount of interest earned or paid.

Promissory Note

A financial document in which one entity guarantees to pay a certain amount of money to another, either when asked or at an agreed-upon date in the future.