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:

Majority

The condition or state of being greater in number, amount, or part; often refers to the age at which a person acquires full legal rights, or to a voting group having more than half the votes.

Ratified

Formally approved or confirmed, often in the context of agreements or treaties.

Binding

A term describing an agreement or contract that is legally enforceable and must be adhered to by all parties involved.

Restrictive Covenant

A clause in a deed or lease that limits what the owner of the property can do with it, often to ensure the property's value or character is maintained.