Healthy Pick designed a new type of packaging that significantly improves taste and texture of food when defrosted. Unfortunately, firms seldom find that improvements in packaging impact market share and profits.

Question

Quizplus · Accepted Answer

The statement is false. While it may be true that many firms do not prioritize packaging improvements, there are cases where packaging can have a significant impact on market share and profits. For example, packaging that improves the freshness or convenience of a product may attract more customers and increase sales. Additionally, eco-friendly packaging can appeal to environmentally-conscious consumers and improve a company's brand image.

Healthy Pick Designed a New Type of Packaging That Significantly