Which of the Following Terms Refers to the Development of Individual

question 125

Multiple Choice

Which of the following terms refers to the development of individual offerings that appeal to different market segments while remaining closely related to the existing product line?

• A) Line penetration
• B) Line innovation
• C) Line extension
• D) Line cannibalization

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Definitions:

Antiassignment Clause

A contractual provision preventing the transfer of rights or delegation of duties to another party without prior consent.

Statute of Frauds

A legal concept that requires certain types of contracts to be executed in writing and signed by the party to be charged, to prevent fraud and perjuries.

Breach of Contract

A violation of any of the agreed-upon terms and conditions of a binding contract.

Antiassignment Clause

A contractual provision that prohibits the transfer of rights or delegation of duties under the contract to another party without prior consent.