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MM 8.01 Vocabulary

AB
Product itemA specific version, model, brand, or size of a product.
Product lineA group of items that are sold together because of marketing, technical, or end-use considerations.
Product width (Breadth)The number of different product lines a business manufactures or sells.
Broad assortmentA product assortment that includes many product lines.
Narrow assortmentA product assortment offering a limited number of product lines.
Product depthThe number of items offered within each product line.
Deep assortmentA product assortment offering many product items within the product line.
Shallow assortmentA product assortment offering a limited number of product items within the product line.
Product modificationAn alteration in a company's existing product.
Product or line deletionA company decision to no longer carry a product or even an entire product line.
Product developmentThe process of creating or improving a product or service.


Northern Vance High School
Henderson, NC

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