Derivative products:
A) always cost about the same to manufacture as the products they're derived from.
B) offer lesser value to users, incur higher costs during development, and put a strain on a company's resources.
C) are products based on the same platform as an existing product, but modified in terms of technology or customer need fulfillment.
D) are completely original and share no similarities with any of the other products in a firm.

Question

Quizplus · Accepted Answer

Derivative products are based on an existing product, but are modified in terms of technology or customer need fulfillment. This means they build upon the existing platform and are not completely original like option D. Option A is not necessarily true as the cost of manufacturing a derivative product may vary depending on the modifications made. Option B is not accurate as derivative products can offer equal or greater value to users and may not necessarily incur higher development costs.

Derivative Products