Variety of Different Items a Store Carries Is Referred to as the

question 141

Multiple Choice

variety of different items a store carries is referred to as the

• A) retailing mix.
• B) depth of product line.
• C) breadth of product line.
• D) width of product line.
• E) length of product line.

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Definitions:

Productivity

Productivity measures the efficiency of production, often quantified as the ratio of output to inputs in the production process across a specific period.

Output

The quantity of goods or services produced in a given time period by a company, industry, or country.

Input

Essential elements or factors that are put into a system or process to achieve an output or result, similar to resources used in production.

Derived Demand

The need for a product or service that is generated by the need for a different product or service.