Question

_______ business is mix of product and service business.

Answer 1

Answer:

• Product mix, also known as product assortment or product portfolio, refers to the complete set of products and/or services offered by a firm. A product mix consists of product lines, which are associated items that consumers.

Answer 2

Information technology  is mix of product and service business.

About Product & Secvice based Company :

• Companies that offer items and companies that supply services typically target separate markets.

• Service businesses often serve a local audience, but product companies may market and sell their items to a global audience.

• Before addressing clients, product-based firms plan ahead of time to develop or design their goods or apps. After the product or application has been developed, the market is opened.

• The only people who work with service-based firms are those that approach them with specific goals or needs.