3M Products Photo -Relationship Between a Product Line and Product Mix Is

question 278

Multiple Choice

3M Products Photo
-relationship between a product line and product mix is

• A) product mixes include product lines.
• B) product lines include product mixes.
• C) product lines refer to consumer products; product mixes refer to industrial products.
• D) product mixes refer to consumer products; product lines refer to industrial products.
• E) there is no significant difference other than minor product variations of color, size, or form.

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Definitions:

Mutual Duties

Obligations or responsibilities that are shared reciprocally between parties in a contract or agreement.

Performance

The execution or accomplishment of a task, contract, or duty as required or agreed.

Tender

An offer to perform an obligation or to pay an amount specified in a contract.

Full Performance

The complete execution of all terms and obligations specified in a contract or agreement.