Product Mix Width May Be Defined As

question 107

Multiple Choice

Product mix width may be defined as:

• A) the number of different product categories found within an industry
• B) the average number of products within each product line in the company
• C) the average number of products offered by the company
• D) the number of different product lines an organization offers for sale
• E) the extensiveness of the coverage of the line from high end (expensive)to low end (inexpensive)

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Definitions:

Checking Account

Money stored in an account at a bank or other financial institution that can be withdrawn without advance notice; also called a demand deposit.

Credit Union

A member-owned financial cooperative that provides traditional banking services, like loans and savings accounts, with profits returning to members in the form of reduced fees and higher savings rates.