Which of the Following Shows How a Product Was Improved

question 81

Multiple Choice

Which of the following shows how a product was improved by modifying the marketing dimension of channels of distribution? 

• A) The Caribbean cruise was improved by the addition of two more stops in Mexico.
• B) The 800-page history of chiropody was improved by the development of an extensive index.
• C) Liz Claiborne expanded the number of retail outlets that carries its sportswear.
• D) The Dillard House restaurant added three new vegetarian dishes to its menu.

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Definitions:

Initial Investment

The initial amount of money spent to start a project, purchase assets, or acquire a stake in a business venture.

Net Operating Income

A financial metric that calculates the profitability of a business's core operations, excluding the costs and returns of financial activities and one-time events.

Scrap Value

The estimated resale value of an asset at the end of its useful life, which is considered during the depreciation calculation of that asset.

Required Rate of Return

The minimum rate of return on an investment deemed acceptable by an investor, considering the investment's risk.