According to Your Text,what Step in Deciding How to Position

question 75

Multiple Choice

According to your text,what step in deciding how to position a product should be done on a continual basis since consumer tastes change for almost every product?

• A)define the product's competitive advantage
• B)evaluate feedback
• C)undergo market segmentation
• D)review the perceptual map
• E)analyze competitors positions

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Definitions:

Appreciate

To increase in value or price, often in the context of financial investments or currency valuations.

Current Account Deficit

is a measurement of a country's trade where the value of the goods and services it imports exceeds the value of the products it exports.

Foreign Indebtedness

The total amount of debt a country owes to foreign creditors.

Fixed Exchange Rates

A currency system where the value of a currency is set at a predetermined rate relative to other currencies, instead of fluctuating in the open market.