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____ Is the Development of a Product That Is Closely

question 82

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____ is the development of a product that is closely related to one or more products in a firm's existing product line but is designed specifically to meet somewhat different customer needs.


Definitions:

Conceptualizers

Individuals or mechanisms that form or devise concepts, ideas, or elaborate plans.

Ph.D.

Doctor of Philosophy, a postgraduate academic degree awarded by universities to individuals who have completed advanced research in a specified field of study.

Expert Knowledge

The extensive, highly specialized information or skills in a particular domain or subject, often acquired through years of study and experience.

Abstract Logic

A form of reasoning that does not rely on empirical evidence and utilizes concepts and principles that are not tied to specific examples or experiences.

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