A ________ Is a Group of Products That Are Closely

question 169

Multiple Choice

A ________ is a group of products that are closely related because they function in a similar manner, are sold to the same customer groups, are marketed through the same type of outlets, or fall within given price ranges.

• A) product line
• B) line extension
• C) private brand
• D) multibrand
• E) new brand

Differentiate between changing the environment and changing the self in TWA.

Describe the core concepts of celerity, rhythm, pace, and endurance in workplace adjustment.

Choose appropriate assessment instruments based on TWA.

Understand the concept of person-environment fit and its significance in work settings.

---

Definitions:

Break-even Price

The market price at which the costs of production equal the revenues for a product, resulting in no net loss or gain.

Selling Price

The purchase price is the sum a consumer spends to obtain goods or services from a vendor.

Markdown

A reduction from the original or list price of a product or service to increase its attractiveness to buyers.

Motorcycle

A two-wheeled motor vehicle that is faster and more fuel-efficient than a car, used for transportation, recreation, and sports.