Examlex
Yezi Instant Noodles is a well-established brand.It has launched Yezi Instant Soup in four new and different flavours, to offer more variety to its existing consumers.This is an example of the _____ approach to new product development.
Drug Test
A drug test is a technical analysis of a biological specimen that's used to detect the presence or absence of specified parent drugs or their metabolites.
Moral Hazard
Moral hazard occurs when there is a lack of incentive to guard against risk where one is protected from its consequences, often after entering into a contract or agreement.
Deductible
The amount paid out of pocket by the policyholder before an insurance company covers a claim.
Full Replacement Value
An insurance term referring to the amount necessary to replace damaged or lost property with new items of like kind and quality without deducting for depreciation.
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