A Product Line Is Considered to Be Too Long If

question 62

Multiple Choice

A product line is considered to be too long if the manager can ________.

• A)decrease costs by adding items
• B)increase market share by dropping items
• C)increase profits by dropping items
• D)decrease costs by dropping items
• E)increase profits by adding items

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Definitions:

Brewery

An establishment focused on the production of beer through the fermentation process, which may also serve as a venue for selling and tasting.

Nominal Damages

A small monetary award (often one dollar) granted to a plaintiff when no actual damage was suffered or when the plaintiff is unable to show such loss with sufficient certainty.

Loss of the Bargain

The difference between the value of what was promised in a contract and what was actually delivered, potentially leading to damages in a breach of contract case.

Acted Wrongfully

Engaging in actions that are illegal, unethical, or contrary to established norms, often resulting in harm or disadvantage to others.