Discussion
The total assortment of products and services marketed by a firm are called as :
Answer: C
The total assortment of products a firm sells is its product mix.
The product mix (or product assortment) is the set of all product lines and items that a company offers for sale. It is described by its width (the number of lines), length (the total number of items), depth (the variants of each product) and consistency.
A product line is one group of closely related products within the mix, such as a firm's range of shampoos. An individual product is a single item. Product strategy is the plan for managing products, not the assortment itself.
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development