Which of the Following Is an Example of a Product

question 12

Multiple Choice

Which of the following is an example of a product development strategy?

• A)A microprocessor manufacturing firm introduces a new microprocessor chip to replace an older,slower version and markets it in its established markets.
• B)McDuffy's fast food restaurant opens its first overseas restaurant that offers its original menu of pizzas and pastas.
• C)A carpet manufacturer operating in the United States introduces a new organic stain remover in India that is designed to remove even the worst spills.
• D)A beverage manufacturer decides to enter the retail industry by introducing a new range of ethnic wear by capitalizing on the corporate image it has acquired as a beverage manufacturer.

---

Definitions:

Private Information

Private information refers to data that is not publicly available and pertains to an individual's personal details, preferences, or activities, often protected by privacy laws.

Punishment

A consequence imposed for a perceived wrongdoing, intended to reduce the likelihood of the behavior occurring again.

Gated Community

A form of residential community or housing estate containing strictly controlled entrances for pedestrians, bicycles, and automobiles, and often characterized by a closed perimeter of walls and fences.

Social Capital

The networks, relationships, and norms that facilitate cooperative action and contribute to a community or society's prosperity and well-being.