What is the difference between a product line and a product mix?
What will be an ideal response?
A product line is a firm's total product offering designed to satisfy a single need or desire of a group of target customers. A firm's product mix is its entire range of products, encompassing all of the firm's product lines.
Business
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The beginning balance in A/R is $44,000 and the ending balance is $42,000. The sales during the period are $129,000. What are the cash receipts from customers?
(a) $127,000 (b) $129,000 (c) $131,000 (d) $141,000
Business
According to Backer, Spielvogel & Bates Worldwide's Target Scan, Adapters are older people who maintain their values while keeping open minds when faced with change
Indicate whether the statement is true or false
Business