Which of the Following Refers to Adding Additional Products to an Existing

question 77

Multiple Choice

Which of the following refers to adding additional products to an existing product line to compete more broadly in the industry?

• A) Product line extension
• B) Product modification
• C) Repositioning
• D) Planned obsolescence

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Definitions:

Budget Committee

A group responsible for overseeing the preparation, implementation, and review of budgets within an organization.

Internal Auditors

Professionals within an organization responsible for evaluating and improving the effectiveness of risk management, control, and governance processes.

Budget Director

An individual responsible for overseeing the preparation and implementation of an organization's budget, ensuring financial discipline and planning.

President

An executive role within an organization, typically the highest-ranking officer, responsible for making major corporate decisions and managing overall operations.