Product Invention Consists of ________

question 67

Multiple Choice

Product invention consists of ________.

• A)marketing a product in a foreign market without making any changes to the product
• B)taking the product as is and finding customers for it
• C)modifying advertising messages to local markets
• D)creating something new to meet the needs of consumers in a given country
• E)upgrading the product to meet local requirements, conditions, or wants

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Definitions:

Quality Chain

A sequence of activities or processes that aim to ensure and enhance the quality of products or services at every stage.

External Customers

Individuals or entities that purchase a company's products or services but are not part of the organization itself.

Internal Customers

Individuals or departments within an organization that receive services or products from other parts of the same organization.

Merchants

Individuals or businesses engaged in the trade of goods, especially those who buy and sell goods for profit.