Asked by
Jamal January
on Dec 15, 2024Verified
A product line refers to
A) a product and all its ancillary services (warranties, financing, etc.) .
B) the variations within a product class.
C) a specific product SKU that has a unique brand, size, or price.
D) a group of product or service items that are closely related in terms of needs satisfied, uses, customer group, outlets, or price range.
E) the entire product category or industry.
Product Line
A range of related products offered by a single company to meet various customer needs.
Ancillary Services
Additional services provided that complement or support the primary products or services offered by a business.
SKU
Stands for Stock Keeping Unit, a unique identifier for each distinct product and service that can be purchased.
- Comprehend the configuration and elements of a product mix and product lines.
Verified Answer
AG
Learning Objectives
- Comprehend the configuration and elements of a product mix and product lines.