A Suggested Approach to Deleting Products, in Which Each Product

question 79

Multiple Choice

A suggested approach to deleting products, in which each product is evaluated periodically to determine its impact on the overall effectiveness of the firm's product mix, is called a(n)

• A) evaluation study.
• B) formal evaluation.
• C) product inspection.
• D) systematic review.
• E) reassessment examination.

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Definitions:

Factual

Information that is accurate, true, and based on evidence or reality.

Concise

The quality of expressing much in few words without losing clarity or relevance.

Impersonal

Lacking personal feeling or connection, often characterized by a formal or distant manner.

Five Goals

Specific objectives or targets that one aims to achieve, often used in planning and motivational contexts.