Question: 3 4 Multiple Choice 1 . 6 7 points Exanoned Wry . Inc Nate buys companies that are small of in finascial trouble. He helps

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Multiple Choice 1.67 points
Exanoned Wry. Inc
Nate buys companies that are small of in finascial trouble. He helps these companies turn around and develop a competitive advantage. He recently purchased a compary called Everyoerb Way, Ix, atich sells mer's clothing and accessories. Everyone's Way keeps the sewing mashines for clothes manufacturing at a separate produstion facility se thas the store loculon space cat be reienved for dapley ant selling.
Affer looking over the different products available, Nate realined that the comparo's pevious owner was not mwere of the prodect life-cycle becanae tbe conpany kept itema that weer obviouly liee old and out-of-date. Also, due to high turnover, employees did not have good knowledge of be different profuct lines and did not know the difference between a product line and a product mac. To mave the compaey forward, Nate thought of the following two measures: finst, dewioping a new peodoct to iscorporate isto the peodact mix; and secosal, elimisating the out-of-date prodacts.
Refer to Everyone's Wuy, Inc. What types of prodacts are sold at Eiveryone's Why?
Shopping prodacts
Business prodacts
Specialiy products
Convenience products
Hnipue pmoblacts
3 4 Multiple Choice 1 . 6 7 points Exanoned Wry .

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