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The Redesign of a Bicycle to Improve Its Safety Is

question 67

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The redesign of a bicycle to improve its safety is an example of a(n) ____ modification.


Definitions:

Profit Margin

a financial metric used to assess a company's profitability by dividing net income by net sales.

Specialty Products

Goods or services that are perceived as unique or high-value by consumers, often associated with specific buying criteria and loyalty.

Antiques

Items of high value due to their age, rarity, condition, utility, or personal emotional connection, often considered collectible or desirable for their historical significance.

Product Portfolio

A product portfolio is the collection of all products and services offered by a company, categorized and managed to achieve business objectives.

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