Operos, a Laptop Manufacturing Company, Introduces Three New Colors-Midnight Blue

question 3

Multiple Choice

Operos, a laptop manufacturing company, introduces three new colors-midnight blue, aquamarine, and hot pink-in its Z Series laptops. This scenario reflects _____.

• A) market segmentation
• B) product bundling
• C) brand extension
• D) line extension

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Definitions:

Net Exports

The difference between a country's total exports and total imports, representing the value of goods and services exported minus the value of goods and services imported.

NAFTA

The North American Free Trade Agreement, a treaty entered into by the United States, Canada, and Mexico; it was superseded by the United States-Mexico-Canada Agreement (USMCA) in 2020.

Trade Deficits

A situation in which a country's imports of goods and services exceed its exports, leading to more money flowing out of the country than coming in.

World's Largest Exporter

The country or entity that sells the largest amount of goods to foreign countries, measured by value.