One Way to Extend the Product Is by Creating ___________

question 71

Multiple Choice

One way to extend the product is by creating ___________.

• A)Additions to existing product lines
• B)New names for the same products
• C)Products from a different industry to your industry
• D)Products that look like the competitions' but are not really different than the competitions'
• E)None of these

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Definitions:

Multinational Corporation

An enterprise operating in several countries but managed from one (home) country, typically having a centralized head office where they coordinate global management.

Host Country

The country in which a multinational company operates a facility outside of its home base, subject to the host country's laws, regulations, and cultural expectations.

World Trade Organization

The World Trade Organization (WTO) is an international organization that regulates and facilitates international trade between nations, aiming to ensure smooth, fair, and free trade.

International Trade

The exchange of goods, services, and capital across international borders or territories, fostering global economic integration.