When Companies Provide Too Few Products in a Product Line

question 29

Multiple Choice

When companies provide too few products in a product line, they run the risk of ________.

• A) having inefficiencies in production
• B) increasing barriers to market entry
• C) delivering products that can be easily copied
• D) missing important market opportunities
• E) being differentiated from competitors

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Definitions:

Institutional Racism

A form of racism expressed in the practice of social and political institutions, embedded in policies, laws, and practices that harm certain racial groups.

WASPs

An acronym for White Anglo-Saxon Protestants, a sociocultural group in the United States characterized by their historical wealth, social status, and influence.

Jewish Refugees

Individuals of Jewish descent who have been displaced from their countries of origin due to persecution, war, or violence, particularly noted during and after World War II.

Canadian Government

The federal administrative framework of Canada, characterized by a parliamentary system where the prime minister is the head of government.