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Blackzim Inc. entered the low-priced digital watch market several years ago. This firm's earnings have been unsteady but might be growing.
The following statement should be considered a true statement regarding product categories:
The list of the product & services should be filtered.
The existed category or the new product category added should be prescribed.
The name in the product category should be added for purchase or sales transactions.
The following information related to the product is:
It is a tangible product that can be seen and touched i.e. computer, or furniture.
It can be an intangible product also that cannot be seen or touched i.e. goodwill, services, etc.
Therefore we can conclude that the above statements should be relevant.
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