Which of the following is a difference between product invention and product adaptation?
A) Product invention involves altering the promotional strategies for a product,while product adaptation does not involve altering such strategies.
B) Product invention takes the marketing mix into consideration,while product adaptation does not take it into consideration.
C) Product invention involves drastically changing an existing product,while product adaptation involves slightly altering a basic product.
D) Product invention applies only to products that are sold in local markets,while product adaptation applies to products all around the world.

Question

Quizplus · Accepted Answer

Product invention involves creating a new product or significantly changing an existing one to meet the needs of a particular market, whereas product adaptation involves making minor changes to an existing product to suit different markets or consumer preferences.

Which of the Following Is a Difference Between Product Invention