A group of similar products that differ only in relatively minor characteristics is called
A) inventory.
B) a product line.
C) product design.
D) design planning.
E) inventory control.

Question

Quizplus · Accepted Answer

A group of similar products that differ only in relatively minor characteristics is called a product line. Product lines are a common strategy used by businesses to offer different variations of a product to appeal to different customer needs or preferences. This allows businesses to increase their market share and reach a wider audience. Examples of product lines include different flavors of soda and different models of cars from the same manufacturer.

A Group of Similar Products That Differ Only in Relatively