Product Line
True. A product line might be vast or slim relying on the kind of merchandise supplied by an organization. A large product line could embrace quite a lot of merchandise that attraction to completely different clients, whereas a slim product line could encompass a restricted choice of associated merchandise. For instance, Apple Inc. has a large product line that features iPhones, iPads, Macs, Apple TVs and different merchandise (Huberty, 2019). Then again, Casio has a slim product line centered on watches and digital musical devices (Casio America Inc., 2020). The choice to have a large or slim product line relies on the corporate’s technique. The corporate should keep in mind the market circumstances, the client base, and the sources obtainable. The aim of a product line is to supply a spread of merchandise that meet the wants of shoppers and to attain the specified market share. Firms should additionally take into account the price of the product, the standard of the product, and the extent of customer support when figuring out which product line is finest for his or her firm. Cont…