Solved

Which of the Following Holds True for Product Invention

Question 52

Multiple Choice

Which of the following holds true for product invention?


A) It refers to the company strategy of modifying an existing product in a way that makes it better fit local needs.
B) It refers to the total composite of products offered by a particular organization.
C) It refers to the strategy of taking the company's current products and selling them in other countries without making changes to the product.
D) It refers to the creation of a new name, term, symbol, design, or a combination of them for an established brand with the intention of developing a differentiated position in the mind of stakeholders and competitors.
E) It refers to the strategy of creating an entirely new product for a given local market.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents