Product

1

Which of the following describes physical products that can be touched?

2

Why does a business create a unique selling point for a product?

3

What price does a branded product have?

4

Which of the following will always increase when you add more features to a product?

5

What is the main business use of an extension strategy?

6

What is the product portfolio of a business?

7

What is used to show the level of sales of a product over time?

8

What does a business use to analyse its product portfolio?

9

What happens to a product when it reaches the maturity stage of the product life cycle?

10

A cash cow is a product with a high market share in what type of market?