___________refers to an organization's initiative of adding to a product or service to increase its value to the consumer.
A)Scaling value
B)Enhancement of existing products or services
C)Appreciation of existing products or services
D)Incrementing value

Question

Quizplus · Accepted Answer

Enhancement of existing products or services refers to the process of adding new features or improving existing ones to increase the value of the product or service to the consumer. This can include adding new technology, improving customer service, or finding ways to make the product or service more user-friendly. Scaling value refers more to expanding the reach or impact of a product or service, while appreciation of existing products or services is more about recognizing and acknowledging the value they already provide. Incrementing value is not a commonly used term in this context.

___________Refers to an Organization's Initiative of Adding to a Product