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enyata [817]
3 years ago
9

How does an organization’s product mix relate to its development of a product line? When should an enterprise add depth to its p

roduct lines rather than width to its product mix?
Business
1 answer:
r-ruslan [8.4K]3 years ago
3 0

Answer:

An organization's product mix relates to the development of its product line when the organization has products which can be grouped together in distribution, marketing etc.

Also, an enterprise should add depth to its product line than adding width to the product mix when the company is not looking to add the whole product line.

Explanation:

A product line is a group of products that are related and marketed under a single brand name sold by the same firm. Firms sell several product lines under their brand names, seeking to differentiate them from each other for consumer's better usability.

Product mix refers to the total amount of product lines that a company offers to its customers. A company may sell multiple product lines. Your product lines may be similar like bar soap and dish washing liquid, which are used for cleaning or the product lines may be different like razors and diapers.

An organization's product mix relates to the development of its product line when the organization has products which can be grouped together in distribution, marketing etc.

An enterprise should add depth to its product line than adding width to the product mix when the company is not looking to add the whole product line. Since the enterprise is not seeking to add the entire product line, this can be used.

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Which of the following is not generally regarded as a legitimate reason for gov't to intervene in a market?
Bess [88]

Answer:

C. To enforce property rights

Explanation:

Government intervention in market can be non materistically via regulation , materistically via taxes & subsidy.

Although the second materislistic way of tax, subsidy comes under the perview of 'Government Budget' .

Government budget is anual financial statement showing economy's expected revenue & expenditure .

Economic growth & stability by reallocation of resources , reducing income inequalities - reflect 'efficiency' & 'equity' as valid reasons .

Foreign protection is also not invalid depending upon the initial budding stage of a developing economy & its global stand. Eg - India 1950 to 1990 .

However all these are progressive legitimate reason for govt. Intervention .

But , enforcing property rights is a feature of 'socialistic (communistic) economy - which has its own demerits like loss of consumers soveireignity , lack of postive competitive efficiency , govt overburden.

7 0
4 years ago
"Financial resources are the lifeblood of any office." Justify this statement.​
dedylja [7]

Answer:

Without financial stability, and office can not function properly.

Explanation:

Ex:

unpaid light bill = dysfunctional office

5 0
3 years ago
Read 2 more answers
The career area of chemistry which is involved in the manufacturing of products is: - marketing - R&D - product development
AlekseyPX

Answer:

The correct answer is Chemical production.

Explanation:

The chemical industry deals with the extraction and processing of raw materials, both natural and synthetic, and their transformation into other substances with different characteristics than they originally had, to meet the needs of people, improving their quality of life. Its main objective is to develop a good quality product with the lowest possible cost, and trying to cause the least damage to the environment. The raw materials correspond to various materials extracted from nature in order to manufacture consumer goods. It can be classified according to its origin: animal, vegetable and mineral.

5 0
3 years ago
Which of the following would decrease aggregate demand? a) an improvement in consumer confidence b) a decrease in the foreign ex
Alex_Xolod [135]

Answer:  Option B

                                 

Explanation: In simple words, aggregate demand refers to the total amount of goods and services that the consumers are willing to consume at a specific price and in a specified time.

A decrease in dollar value will result in less purchasing power for imports. This will result in less supply which will ultimately increase the price of the imported quantity, thus, resulting in decrease in aggregate demand.

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