BUISENESS MANAGEMENT
MARKETING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Provide the customer with more knowledge about the product
|
|
|
Offer a product just as the need for it arises
|
|
|
Put a product where it is convenient for a customer to purchase it
|
|
|
Change a raw material or assemble parts to make a product
|
Detailed explanation-1: -Product mix, also known as product assortment or product portfolio, refers to the complete set of products and/or services offered by a firm.
Detailed explanation-2: -A distribution channel, in simple terms, is the flow that a good or service follows from production or manufacturing to the final consumer/buyer. Distribution channels vary but typically include a producer, a wholesaler, a retailer, and the end buyer/consumer.
Detailed explanation-3: -The product. The competitors. What is the term for the path that the product follows from the producer to the customer? Physical distribution.
Detailed explanation-4: -The maturity stage is when the sales begin to level off from the rapid growth period. At this point, companies begin to reduce their prices so they can stay competitive amongst the growing competition.