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Which of the following best defines a product line? It refers to a group of closely related product items.A product line is a group of related products all marketed under a single brand name that is sold by the same company. Companies sell multiple product lines under their various brand names, seeking to distinguish them from each other for better usability for consumers.Definition: A product is the item offered for sale. A product can be a service or an item. It can be physical or in virtual or cyber form.
What is the best description of a product line?
A product line is a group of related products all marketed under a single brand name that is sold by the same company. Companies sell multiple product lines under their various brand names, seeking to distinguish them from each other for better usability for consumers.
Which of the following defines product?
Definition: A product is the item offered for sale. A product can be a service or an item. It can be physical or in virtual or cyber form.
Product Mix | Product Lining – Breadth , Length , Depth , Consistency
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What is a product line quizlet?
Product Line. A group of closely-related product items. Product Mix. All products that an organization sells.
Which of the following best describes product features quizlet?
Which of the following BEST describes product features? Products can classified by the type of expected buyer, for example, a consumer buyer or an industrial buyer.
What’s another word for product line?
Alternate Synonyms for “product line”:
line; line of products; line of merchandise; business line; line of business; merchandise; ware; product.
Which of the following describes product line depth?
Which of the following describes product line depth? It is the number of product items in a product line.
What elements are included in the definition of a product?
These are the product elements that the customer will use to evaluate and make choices: the product features, quality level, brand name, styling, and packaging. Every product contains these components to a greater or lesser extent, and they are what the consumer uses when evaluating alternatives.
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Marketing Chapter 10 Flashcards | Quizlet
Which of the following best defines a product line? a. It is a brand that obtains at least one-third of its earnings from outside its home country.
Which Of The Following Best Defines A Product Line?
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Product Line Definition – Investopedia
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What is product give example?
A product is any item or service you sell to serve a customer’s need or want. They can be physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and nondurable goods (such as food and beverages).
What is product concept example?
Here is an example of a product concept statement for a company that is introducing a new in-cup tea brewing system: Example: Many people enjoy drinking tea, but are concerned about the environmental impact of discarding teabags, some of which are made from bleached paper or contain non-biodegradable materials.
【 Answers 】 Which Of The Following Best Defines Compute Engine?
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What is a product item quizlet?
A product item is a specific version of a product that can be designated as a distinct offering among an organization’s products. A product line is a group of closely related products offered by an organization. An organization’s product mix includes all the products it sells.
What is the difference between a product line and a product mix quizlet?
A product line is a group of products within the product mix that are closely related, either because they function in a similar manner, are sold to the same customer groups, are marketed through the same types of outlets, or fall within given price ranges.
How do companies classify product lines?
Product lines may be classified according to product class, customer group, price and/or quality, and distribution method.
Which of the following best describes product positioning quizlet?
Which of the following best describes product positioning? arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers.
Which of the following best describes the product aspect of the marketing mix?
Which of the following best describes the product aspect of the marketing mix? It helps a company determine what a customer wants from a product and how it satisfies a particular need.
Which statement best describes consumer products?
Which statement best describes consumer products? Unlike business products, consumer products are promoted mainly through advertising or social media. Krackle, a food manufacturing company, adds two new flavours to its famous line of potato chips.
What is product line analysis?
Product line analysis (PLA) is early requirements engineering for a product line of software-intensive systems. It encompasses the rapid elicitation, analysis, specification, and verification of the requirements for a product line.
What are the 4 components of a product?
These four components are the market, the problem, the solution, and the product itself.
Diversification strategy of the firm
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What are the 3 components of a product?
- The Functional Use of the Product.
- The Outward Appearance Design.
- The Quality Delivered to Your Customers.
Why is it important to define a product?
A proper definition and inspection of the product concept help you ensure that your product is on the right track. It lets you streamline your goals to build up a product that adequately provides for your customer needs.
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