Which of the Following Statements About Product Lines Is MOST

question 245

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:

Moods

Temporary states of mind or feelings that influence individuals' outlooks or behaviors.

Triggering Event

An occurrence or situation that initiates a specific reaction or sets a process in motion, often leading to significant changes or actions.

Second-Hand Smoke

The smoke from a burning cigarette or exhaled by a smoker, which can be inhaled by individuals nearby, posing health risks.

Guilt

An emotional state that occurs when a person believes or realizes they have violated a moral standard or caused harm.