Solved

Little Remedies Products -Which of the Following Statements About Product Lines Is MOST

Question 228

Multiple Choice

  Little Remedies Products -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. Little Remedies Products
-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.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions