Companies Must Balance the Number of Items in a Product

question 100

Multiple Choice

Companies must balance the number of items in a product line.Too many items and customers find it difficult to see the differences between the products.Too few products and the company runs the risk of _______.

• A) Having inefficiencies in production
• B) Having trouble with discounters because they may have the same product as a full price store
• C) Having a problem with communication to the market about the products
• D) Missing important market opportunities that are not being attacked by the current product offerings.
• E) None of the above

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Definitions:

Arthritis

A common condition causing pain and inflammation in a joint, resulting in stiffness and reduced mobility.

Medial temporal lobe

A region of the brain crucial for the formation of long-term memory and associated with the limbic system.

Memory traces

refer to the physical and potentially long-lasting changes in the neural structure of the brain that represent our experience.

Automatic functions

Processes or behaviors that operate without conscious effort, often as a result of learned patterns or biological predispositions.