Define the Terms Direct Product Extension, Product Adaptation, and Product

question 57

Essay

Define the terms direct product extension, product adaptation, and product invention. Give an example of each.

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Definitions:

Foreign Stocks

Shares of companies based outside the investor's own country, traded on foreign stock exchanges.

Investment Portfolios

A collection of investments held by an individual or institution which may include stocks, bonds, real estate, and more, diversified to manage risk.

Sovereign Debt

Borrowings issued by a national government in foreign currency or its own currency.

National Governments

The organization that governs a nation, responsible for creating and enforcing laws, managing the economy, and providing public services.