Companies normally develop product lines rather than a single product and introduce price steps such as a low-, average-, and high-priced computer system.

Question

Quizplus · Accepted Answer

This is true. Most companies develop product lines rather than a single product and introduce price steps that vary according to the features and level of quality offered by each product in the line. This allows the company to cater to different customer segments with different needs and budgets.

Companies Normally Develop Product Lines Rather Than a Single Product