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Match Each Definition with the Correct Abbreviation Below

question 17

Multiple Choice

Match each definition with the correct abbreviation below.
-Na


Definitions:

Trading Down

A consumer behavior pattern where buyers opt for cheaper or lower-quality products usually due to economic constraints or changes in priorities.

Product Simplification

The strategy of reducing a product's complexity to lower production costs, improve usability, or meet consumer demands for simplicity.

Trade Name

A brand name under which a product or service is marketed and distinguished from other products.

Trademark

A recognizable sign, design, or expression that identifies products or services of a particular source from those of others.

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