When a company uses a product line extension, it
A) markets a product under a new brand name so that consumers will view it as an entirely new product line.
B) markets a new product with the current brand name to enter a new market segment in its product class.
C) speeds up the movement of a product through its product life cycle.
D) contracts with another firm to manufacture modified versions of the original products.
E) applies the current brand name to enter a completely different product class.
Correct Answer:
Verified
Q262: Which of the following is a multiproduct
Q263: Q264: Q265: Gatorade successfully used a _ strategy when Q266: When a company sells a new product Q268: Multiproduct branding is a branding strategy Q269: Combining a corporate or family brand with Q270: A branding strategy in which a company Q271: Subbranding involves Q272: All of these are true about product![]()
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A) that
A) having one firm manufacture a
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