Taking the Company's Current Products and Selling Them in Other

question 14

Multiple Choice

Taking the company's current products and selling them in other countries without changing the product is referred to as:

• A)product adaptation.
• B)product invention.
• C)product rebranding.
• D)straight product extension.
• E)product mix.

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Definitions:

Economy

The system of production, distribution, and consumption of goods and services within a particular geographic region.

Portfolio

A portfolio containing various financial instruments such as stocks, bonds, commodities, plus cash and cash equivalents, in addition to closed-end funds and ETFs.

Standard Deviation

A statistic that measures the dispersion or variability of a dataset relative to its mean, commonly used to quantify the amount of variation.

Stock

A kind of financial instrument that indicates possession in a company and symbolizes a right to a portion of the firm's assets and profits.