Which of the following statements is true of an organization's product mix?
A. Firms widen their product mix to capitalize on established reputations.
B. A wide product mix decreases sales and profit-making potential.
C. A wide product mix means that the product line is deep.
D. All product items in a product mix follow a standard marketing strategy.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following statements is true of an organization's product mix? A. Firms widen their product mix to capitalize on established ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
If it takes a supplier 25 days to deliver an order once it has been placed and the standard deviation of daily demand is 20, which of the following is the standard deviation of usage during lead time? A. 50 B. 100 C. 400 D. 1,000 E. 1,600
Answers (1)
Indirect costs are traced to cost objects. Cost drivers are used to allocate indirect costs to cost objects. An allocation rate is calculated by dividing the allocation base by the total cost to be allocated.
Answers (1)
Sophie's current balance in her checking account is $125.89. What is the final balance after the above transactions were completed? Sophie's current balance in her checking account is $125.89.
Answers (1)
Privatization is a way to a. shrink the federal budget by selling government services or property in the private sector. b. reduce government costs by relocating government programs to private groups or corporations. c.
Answers (2)
A consolidated industry structure: a. provides no scope for an oligopoly to exist. b. constitutes a threat rather than an opportunity. c.
Answers (1)
New Questions in Business
If a friend were beginning to write her business plan you should advice her that the secret to good writing is
Answers (1)
Grace makes $2,200 per month. She spends $300 on credit card payments, $120 per month for a furniture purchase, and $450 on an auto loan. Does she have excessive debt?
Answers (1)
During the annual planning meeting, Alexandria, president of a Fortune 500 company, discussed with the upper management the strategic goal of expanding company operations across the globe.
Answers (1)
Brothers Ronnie and Jacob are both in college; Ronnie is a senior and Jacob a sophomore. They're both majoring in business administration and want to open a small business a few years after graduation.
Answers (1)
Galaxy Inc. has a tax burden ratio of. 75, an interest burden of. 6, a leverage ratio of 1.25, and a return on sales of 10%. This year the firm makes $2.40 in sales per dollar of assets. What is the firm's ROE? a. 15% b. 11.5% c. 13.5% d. 20%
Answers (1)