6.3 The product mix
Most organisations offer more than one product to their customers. That complete range of products which a company sells is called its product mix . There is an associated concept that is important for you also to understand, namely, the product line .
As your Kotler et al. (2004) text covers these concepts sufficiently, please turn to the reading now.
In your text
Kotler et al. (2004) Chapter 11, pp. 420-424, 'Product line decisions' and 'Product mix decisions'.
Activity 6.3
Choose the product mix of a firm you are familiar with and suggest possible product-mix strategies they could adopt. For instance, you might pick a trucking firm, and explore how it could expand, contract, alter or re-position its product mix.