Krisnak Inc

question 89

Multiple Choice

Krisnak Inc., a scented candle manufacturer, introduced a different range of candles with exotic scents such as ice mint, desert flower, and sea breeze.What change in the product mix was made by Krisnak Inc.?

• A)It changed the number of stock keeping units.
• B)It added a new product line and increased product line depth.
• C)It changed the product category by replacing an entire product line.
• D)It increased product mix breadth.
• E)It changed the brand orientation.

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Definitions:

Depository Institutions Deregulation

The reduction or elimination of government regulations on banks and similar institutions to foster a more efficient and competitive financial environment.

Checking Accounts

Bank accounts that allow depositors to write checks against deposited funds for payments to third parties.

Reserve Requirements

Regulations set by central banks that determine the minimum amount of reserves a bank must hold against deposits, affecting the money supply.

U.S. Government Securities

Financial instruments issued by the United States Department of the Treasury to finance government spending, including bonds, bills, and notes.