When Both Product and Target Market Are Changed a Company

question 65

Multiple Choice

When both product and target market are changed a company is practising which of the following?

• A)Tangible repositioning
• B)Intangible repositioning
• C)Targeted repositioning
• D)Untargeted repositioning

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Definitions:

Rental Cost

The price paid for the temporary use of a good, service, or property owned by another entity.

Capital

Resources or assets used in the production of goods and services.

College Education

Refers to the post-secondary education that students receive at universities, colleges, and other institutions, offering degrees and certifications beyond high school education.

Energy-Saving Machine

A type of machinery or device designed to use less energy for the same level of output, contributing to efficiency and reduced environmental impact.