If a company adds a new product line to its existing portfolio, it has increased its___________.

Question

02-01-2020
Business

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If a company adds a new product line to its existing portfolio, it has increased its___________.

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ekeneizuka ekeneizuka · Answer 1 · 2020-01-03T12:30:20+01:00

Answer: Increased it's product mix width.

Explanation:

The product mix width of a company is the number of product lines a company has for sale in the market.

The product line of a company are individual but related products a company has for sale.

An example of product lines of a company could be a company producing: refrigerators, air conditioners and stabilizers. The company in this example would have a product mix width of three.

If a company adds a new product line to its existing​ portfolio, it has increased its___________.

Respuesta :

Otras preguntas

If a company adds a new product line to its existing portfolio, it has increased its___________.