Answered

Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

The combination of product lines offered by a manufacturer is called the firm's: Group of answer choices product matrix. product mix. total product offer. product portfolio.

Sagot :

Tutorconsortium330

The combination of product lines offered by a manufacturer is called the firm's product mix.

What is a product mix strategy?

The total number of product lines and distinct goods or services that a business offers is its product mix. Alternatively known as product portfolio or product assortment. Product combinations differ amongst businesses.

Four main product mix strategies are as follows:

  • Expansion: A business adds more product lines or product depth (i.e., varieties) inside lines.
  • Contraction: A business reduces the variety of its products to get rid of underperforming ones or to streamline the remaining ones.
  • Change an Existing Product: A business makes improvements to an existing product rather than developing a brand-new one.
  • Product differentiation: A corporation advertises a product as being a better option than a rival product without changing it in any manner.

Learn more about product mix strategy here:

https://brainly.com/question/13860227

#SPJ4

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.