Product Mix

Mix
The term 'mix' is versatile and applicable across different industries such as broadcasting, retailing, and marketing. Its core meaning involves the combination or blending of various elements to create a cohesive and functional whole.
Product Mix
The assortment of merchandise made or held for sale by a business; a crucial element of marketing strategy.
Target Market
A target market is a specific group of consumers at which a company aims its products and services. This group is identified based on various attributes and preferences that align with the company's offerings, forming a crucial aspect of marketing strategy.

Accounting Terms Lexicon

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