When a Market May Require a Drastically Simplified Version of the Firm's

question 32

Multiple Choice

When a market may require a drastically simplified version of the firm's product due to lack of purchasing power or usage conditions, this is known as:

• A) supplementing.
• B) backward innovation.
• C) new narrowcasting.
• D) lightening rod.

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Definitions:

Planned Presentation

A carefully organized and thought-out presentation, where content, timing, and delivery are systematically prepared in advance.

Caution

The practice of being careful, or avoiding risks and potential problems.

Space Zone

An area or sector designated for a specific purpose or function, often used in planning and organization contexts.

Prospect's Desk

A designated area or platform where potential customers or clients are contacted or managed.