Over Time, Firms Change Product Items, Lines, and Mixes or Take

question 86

Multiple Choice

Over time, firms change product items, lines, and mixes or take advantage of new technical or product developments. What is it called when a company changes a product characteristic?

• A)diversification
• B)repositioning
• C)product modification
• D)product line expansion

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Definitions:

Volcanic Breccia Texture

A coarse-grained volcanic rock composed of angular to subangular fragments bonded together by a fine-grained matrix, typically formed from explosive volcanic eruptions.

Igneous Rock

is a type of rock formed through the cooling and solidification of magma or lava.

Welded Texture

A term used in geology to describe rocks that have been fused together by high temperatures, often found in volcanic deposits.

Pyroclastic Eruption

A volcanic eruption characterized by the explosive ejection of hot ash, gas, and volcanic fragments.