Why Is a Product Mix Portfolio Important

question 20

Essay

Why is a product mix portfolio important?

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Definitions:

Extrinsic Motivation

Motivation driven by external rewards such as money, praise, or fame, rather than by internal factors.

Internal Desire

A deep, often personal motivation or yearning that drives an individual's actions or choices.

Learn

The act of acquiring new, or modifying and reinforcing existing, knowledge, behaviors, skills, values, or preferences.

Attitude

A psychological construct representing an individual's degree of like or dislike for an item, affecting a person's choices and actions.