New Products That Are Minor Variations on Existing Products and Which

question 196

Multiple Choice

New products that are minor variations on existing products and which require no change to consumer behavior are called

• A)fads.
• B)new products.
• C)second-movers.
• D)discontinuous innovations.
• E)continuous innovations.

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Definitions:

80-Hour Weeks

Working weeks that consist of 80 hours of work, often indicating a high level of commitment or demand in a job or project.

Level of Commitment

The degree of dedication or loyalty an individual or group has towards a cause, activity, or organization.

Gross Domestic Product (GDP)

The total monetary value of all finished goods and services produced within a country's borders in a specific time period, serving as a broad measure of national economic activity.

Forced Out

The situation where an individual or entity is compelled to leave or exit a position or condition, often against their will.