In order to address the changing needs of the market, companies often modify some of their existing products based on quality, functionality, or style. This strategy is known as:

In order to address the changing needs of the market, companies often modify some of their existing products based on quality, functionality, or style. This strategy is known as:

Planned obsolescence

Product modification

Product line contraction

Positioning

RepositioningWarehouse membership stores have a $\_\_\_\_$ product mix.

Warehouse membership stores have a $\_\_\_\_$ product mix.

very narrow and shallow

wide and moderately deep

wide and very shallow

wide and very deep

narrow and deep