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Management · Q486

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Graduate and Post Graduate · Management · question 486

Q486

From the given columns, which of the combinations best describe the concepts of product hierarchy? List-I List-II a. Need family 1. The core need that underlines the existence of a product family b. Product family 2. Group of items within a product line that share one of several possible forms of the product c. Product class 3. Group of products within the product family recognised as having a certain functional coherence d. Product line 4. All the product classes that can satisfy a core need with reasonable effectiveness

From the given columns, which of the combinations best describe the concepts of product hierarchy?
List-I List-II
a. Need family 1. The core need that underlines the existence of a product family
b. Product family 2. Group of items within a product line that share one of several possible forms of the product
c. Product class 3. Group of products within the product family recognised as having a certain functional coherence
d. Product line 4. All the product classes that can satisfy a core need with reasonable effectiveness
A.
Only A-1, B-4 and C-3 are correct
Answer
B.
Only A-1, B-3 and C-4 are correct
C.
Only B-4, C-3 and D-2 are correct
D.
A-1, B-3, C-2 and C-4 are correct

Answer: Option A

Solution

Answer: Option A
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