Which of the Following Communication Strategies Adapts a Product to the Requirements

question 88

Multiple Choice

Which of the following communication strategies adapts a product to the requirements of the international market while retaining its original marketing communication?

• A) product/communications extension
• B) product extension/communications adaptation
• C) product adaptation/communications extension
• D) product/communications adaptation

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Definitions:

Cost-Output Elasticity

A measure of how the total cost of production responds to a change in the quantity of output produced.

Cost Function

A mathematical representation of how a firm's costs change with different levels of output, typically showing the relationship between costs and output quantity.

Average Age

A statistic that represents the mean age of a group of individuals or objects.

Learning by Doing

The process where productivity is increased through practice, self-perfection, and minor innovations.