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What is product mix contraction?

Anonymous

∙ 14y ago

Updated: 9/13/2023

it is a strategy carried out by eliminating an entire line or by simplifying the assortment within a line.

Wiki User

∙ 14y ago

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How do you determine the optimal product mix?

Optimal product mix is at that point where net profit from thesales of that product mix is maximum.

Is product part of the marketing mix?

The first element in the marketing mix is the product.

Describe the product mix concept?

product mix consist of product variety, size, packeging, labelling etc.

What is product mix expansion?

Product mix expansion is increasing the increasing the depth within the product l line

What is meant by product mix decisions?

The product mix is the number of varieties of product that a company sells. Product mix decisionsÊinclude which varieties of product to sell, as well as whether to create new products or to discontinue existing products.

Related Questions

How do you determine the optimal product mix?

Optimal product mix is at that point where net profit from thesales of that product mix is maximum.

What are the advantages of having a wide product mix?

advangage of product mix

What is a waste product of muscle contraction called?

Creatinine

Is product part of the marketing mix?

The first element in the marketing mix is the product.

Describe the product mix concept?

product mix consist of product variety, size, packeging, labelling etc.

What is product mix expansion?

Product mix expansion is increasing the increasing the depth within the product l line

What is meant by product mix decisions?

The product mix is the number of varieties of product that a company sells. Product mix decisionsÊinclude which varieties of product to sell, as well as whether to create new products or to discontinue existing products.

What is the impact of product mix in international busisness?

what is the impact of product mix in international business

What are tourism product mix?

trail mix

What are the dimensions of product mix?

There are no set dimensions of product mix. It depends on the size of the company, number of products, product lines, and variations of each product.

What product-mix strategy is Disney pursuing with the development of the new park in HongKong?

product mix

What is the product mix of a company?

The product mix of a company is the total composite of products offered by that organization.

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