As a General Rule, the Fewer the Number of Products

question 1

True/False

As a general rule, the fewer the number of products in a category, the greater the external search.

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Definitions:

Competitive Advantage

A unique attribute or condition that allows an organization to outperform its competitors, potentially leading to greater sales or margins.

Geographical Location

The physical place or position of a person or thing as determined by its coordinates on the Earth's surface.

Purchased Material

Items or goods a company buys from external suppliers for use in its manufacturing process.

Right Source

Choosing the most suitable origin or provider for goods, services, or information, focusing on quality, cost, and reliability.