Products that have revisions that take more than 1 year can not be revised until the following year. Thus, the statement is true.
<h3>What is a product?</h3>
A product is referred to as a finished item that is ready for sale in the market to serve the customers. These products are tangible in nature so that people can see, touch and use them.
Product revision has been referring to making any modifications or changes to the current product. These product revision has been done when customers are not satisfied with the quality or packaging of the product.
When the product is revised with a time duration of 3 months then this will be considered efficient whereas if takes time of more than a year, it will be considered a product failure.
The revision should not cause delay because there are many competitors available in the market to capture the target audience of your business.
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Act accordingly to the country's situation.
Product Availability is the capacity to have inventory present when and where it is desired by a customer.
<h3>What is product availability?</h3>
Product availability is the ability of a store to meet customer demand for a specific item. Retailers may provide thorough information on product availability to help customers with planning and decision-making.
Consistent product availability is essential to the success of your retail business because it provides the framework for your merchandising and draws in your target audience by providing them with the necessities to meet their needs.
Thus, it is product availability.
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