Changing a Product in Some Way to Make It More

question 184

Multiple Choice

Changing a product in some way to make it more appropriate for a country's climate or preferences is an example of which type of product strategy?

• A)product invention
• B)product adaptation
• C)product customization
• D)product extension

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Definitions:

Statutory Amalgamation

A legal process that combines two or more companies into one new entity, typically under specific legal frameworks.

Acquisition Method

An accounting technique used to consolidate the financial statements of two companies after an acquisition.

Federal Law

Legislation enacted by the federal government of a country, applicable nationwide and overarching state or local laws in certain areas.

Provincial Law

Provincial law refers to legal provisions and regulations enacted by the legislative bodies of provinces or territories, governing matters within their jurisdiction.