A group of products within a product class that are closely related because they perform a similar function, are sold to the same customer groups, are marketed through the same outlets or channels, or fall within given price ranges is known as a

________.
A) product type
B) product class
C) need family
D) product variant
E) product line

E

Business

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________ pricing is when a firm tries to determine the price at which it will break even or earn the profit it is seeking

A) Competition-based B) Target return C) Cost-plus D) Good-value E) Value-added

Business

List and describe the various ways to classify corporations

What will be an ideal response?

Business