Which of the Following Statements About Product Lines Is Most

question 271

Multiple Choice

Which of the following statements about product lines is most accurate?

• A)An advantage of a narrow product line is the ability to have a greater gap between price points.
• B)Product lines refer to consumer products;product mixes refer to industrial products.
• C)An advantage of broad product lines is increased likelihood of access to large retail chain distribution.
• D)A benefit of having a narrow product line is that it enables both consumers and retailers to simplify their buying decisions.
• E)A broad product line reduces R&D costs.

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Definitions:

Synthetic Material

Man-made materials created through chemical processes, often used for their durability and high performance.

Lithotripsy

Destruction of stone in the urinary system; stone crusher.

Kidney Stone

A solid mass made of crystals that can form in the kidney when urine contains too much of certain substances, leading to pain when passing through the urinary tract.

Removal

The act of taking away or eliminating something, often used in the context of surgical procedures or data deletion.