Reducing the Number of Features, Qualities, or Price When Repositioning

question 303

Multiple Choice

Reducing the number of features, qualities, or price when repositioning a product is referred to as

• A) product paring.
• B) down trading.
• C) product deflation.
• D) trading down.
• E) product simplification.

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Definitions:

Dividend Payments

Distributions of earnings allocated by a company to its shareholders, often in the form of cash or stock.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue, indicating the company's overall profitability.

Statement of Cash Flows

A financial report that shows the cash generated and used by a company during a specific period, classified into operating, investing, and financing activities.

Operating Activities

Activities that are directly related to the primary operations of a company, such as manufacturing, distributing, marketing, and selling a product or service.