10. After many years of distributing her clothing through a large chain of department stores, Mrs. Asma, a fashion designer, decides to open a boutique to exclusively sell her clothing directly to consumers. Mrs. Asma decides to use a strategy. Select one: O a. forward vertical integration O b. backward vertical integration O c. forward horizontal integration O d. unrelated diversification O e. concentration on a single industry

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Product and Service Classification

Classification of goods and services categorized between industry and customer goods is known as Product and Service classification. It is based on brands, quality, and quantity which companies deliver to the concerned client. Industrial goods are produced for industrial work, whereas consumer goods are produced for personal consumption by the customers. Marketing and sales need technological methods, a healthy environment, proper market strategies, marketing environment in terms of productivity and profit.