Explain the terms product item and product line in the context of product mix . Why and how product mix is changed
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Product mix, also known as product assortment, refers to the total number of product lines a company offers to its customers. For example, your company may sell multiple lines of products. ... The four dimensions to a company's product mix include width, length, depth and consistency
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Explanation:
➡️ Product mix width refers to the number of product lines an organization offers. Product line depth is the number of product items in a product line. Firms modify existing products by changing their quality, functional characteristics, or style.
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