Straight Extension of the Product Means ________

question 62

Multiple Choice

Straight extension of the product means ________.

• A) introducing the product to the foreign market without any changes to the product
• B) introducing the product to the foreign market with minor changes to the product
• C) introducing the product to the foreign market with major changes to the product
• D) introducing a customized product to the foreign market with a new marketing strategy
• E) introducing a customized product to the foreign market with existing marketing strategy

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Definitions:

ADR

Alternative Dispute Resolution, a range of processes such as mediation and arbitration used to resolve disputes without going to court.

Speedy Resolution

The quick settlement of a dispute or legal case without prolongation.

Binding Precedent

A principle or rule established in a previous legal case that must be followed by courts in future cases with similar issues or facts.

Lengthy Process

Describes a procedure or series of actions that takes a considerable amount of time to complete, often due to complexity or detailed requirements.