Which of the following is an advantage of product/service grouping?

The advantage of product/service grouping that stands out is the quick identification of struggling products. When businesses categorize their products or services into groups, it becomes easier to analyze the performance of each group. This systematic approach allows managers to assess sales data, customer feedback, and market trends more effectively, leading to faster recognition of which products are underperforming. By identifying struggling products promptly, businesses can take timely actions such as adjusting their marketing strategies, improving product features, or even discontinuing products that do not meet sales expectations.

This focus on performance within specific groups can ultimately lead to better resource allocation and strategic decision-making. The other options, while they may also have their own merits, do not directly address the systematic evaluation that product grouping provides in recognizing struggling products.