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An Example of a Product Adaptation Strategy Would Be for a Frozen

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An example of a product adaptation strategy would be for a frozen pizza manufacturer to change the toppings to reflect different tastes in different countries.


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Annually

Occurring every year or pertaining to a period of one year.

Consumer Credit-Card Rate

The interest rate that banks charge consumers on the balances they carry on their credit cards.

Prime Rate

The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark in lending rates.

Economic Resource

Any resource used by humans to produce goods or services, including labor, capital, land, and entrepreneurship.

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