__________refers to the number of product lines an organization offers

Fill in the blanks with correct word.


ANSWER: Product mix width

Product mix width (or breadth) refers to the number of product lines an organization offers. Firms increase the width of their product mix to diversify risk.

Business

You might also like to view...

A $750 gain on the sale of an asset means that $750 in cash was received

Indicate whether the statement is true or false

Business

Explain how individuals are not simply helpless pawns, but rather do influence their own behavior. How is this balanced among the different internal and external influences that may occur?

What will be an ideal response?

Business

Which of the following statements related to verbal expressions is incorrect?

a. The U.S. expression, "Don't mention it," in response to a favor is viewed as rude by persons of other cultures. b. The U.S. expression, "How's it going?" is confusing for persons for whom English is a second language. c. Small talk often includes comments about the weather. d. In the United States small talk may include discussions of one's family or personal life.

Business

Acceptance occurs if the buyer resells the goods delivered by the seller

Indicate whether the statement is true or false

Business