Product Line Expansion and Contraction Is Becoming Even More Challenging

question 23

Multiple Choice

Product line expansion and contraction is becoming even more challenging for channel managers because:

• A) Too few new products are being released to support expansion.
• B) Power retailers are emphasizing store-by-store category management.
• C) The number of private label brands is decreasing.
• D) Retailers are requesting the development of new products.
• E) There is too much retail shelf space available.

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Definitions:

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Loans that are meant to be repaid in a short period of time, typically less than a year, used to address immediate financial needs.

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The state of being extremely poor, where individuals or communities lack the financial resources for basic needs such as food, shelter, and healthcare.

Wicked Problems

Complex issues that are difficult to solve due to incomplete, contradictory, and changing requirements that are often hard to recognize.

Refugee Crisis

A situation where large groups of people are displaced from their country of origin due to conflict, persecution, or environmental disasters, seeking refuge elsewhere.