ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Often a large percentage of the product selection makes up the majority of sales revenue.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Definition: Out of total purchases of a customer of a product or service, what percentage goes to a company defines its market share.
Detailed explanation-2: -Market share is the percentage of total sales of a product or service that a company excepts to capture in relation to its competitors.
Detailed explanation-3: -The product mix consists of every product a business develops and sells. Within a product mix, there are four dimensions-width, length, depth and consistency. Here is a brief description of each dimension: Width: The width of a product mix refers to the total number of product lines a business has.
There is 1 question to complete.