Which of the following BEST describes products that are based on the same platform as an existing product,but modified incrementally in terms of technology or customer need fulfillment?
A)New-to-the-world products
B)Next generation products
C)Derivative products
D)Universal products

Question

Quizplus · Accepted Answer

Derivative products are based on an existing product platform but are modified incrementally, either to update the technology used or to meet the changing needs of customers. Such products are commonly referred to as product line extensions. New-to-the-world products (A) are those that are entirely new and have no direct predecessors, while next-generation products (B) may share similarities with existing products but are generally significant upgrades that offer new functionality or features. Universal products (D) are products that are designed to be used by everyone, regardless of their specific needs or preferences.

Which of the Following BEST Describes Products That Are Based