Changes That Affect a Product's Versatility, Effectiveness, Convenience, or Safety

question 138

Multiple Choice

Changes that affect a product's versatility, effectiveness, convenience, or safety are called ____ modifications.

• A) functional
• B) formal
• C) aesthetic
• D) quality
• E) package

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Definitions:

Multiple Outlets

Refers to the presence of a business or brand in several retail locations or sales channels to increase market reach and accessibility to consumers.

Accelerated Development

A strategy that speeds up the development process of products or projects to bring them to market faster than typically expected.

Market Share

The percentage of an industry's sales that a specific company controls.

Data Analytics

The process of examining data sets to draw conclusions about the information they contain, often involving the application of algorithms or statistical methods to identify patterns and trends.