A Product Line Is a Group of Products That Are

question 309

True/False

A product line is a group of products that are physically similar or are intended for a similar market.

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Definitions:

Exclusive Distribution

A market strategy where a manufacturer restricts the distribution of a product to a single distributor or a few selected distributors.

Driving Time

The amount of time spent driving from one location to another, often considered in planning routes or estimating travel time.

Proximity

The state of being physically close or near, often used in marketing to discuss the importance of location in consumer behavior and retail strategy.

Hours of Operation

The specific times during which a business is open to customers.