Improving or Revising Existing Products,additions to Existing Product Lines and Cost

question 4

Multiple Choice

Improving or revising existing products,additions to existing product lines and cost reductions aim at achieving which of the following objectives?

• A)capitalising on distribution strengths
• B)maintaining position as a product innovator
• C)exploiting technology in a new way
• D)defending a current market-share position

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Definitions:

Intersectionality

A framework for understanding how various forms of social stratification, such as race, gender, and class, intersect and impact individuals and groups.

Gender Inequality

The disparity in status, power, and opportunity between individuals based on their gender, manifesting in various areas of social, economic, and political life.

Sociologists

Experts or scientists who study human societies and social behavior by examining the groups, cultures, organizations, social institutions, and processes that develop when people interact and work together.

Single Fathers

Male parents who are raising their children without the presence or involvement of the children's mother, due to various circumstances.