Which of the Following Is an Example of a Product

question 25

Multiple Choice

Which of the following is an example of a product innovation?

• A)A firm launching a new range of candies
• B)A firm allowing customers to mail the desired designs of goods
• C)A firm introducing a new online shopping model
• D)A firm introducing new technology to ease the installation process
• E)A firm changing its line of business from manufacturing automobiles to producing music

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Definitions:

Security Needs

Basic human requirements for safety and security, including physical safety, employment, resources, health, and property.

Fat Cells

Cells that store energy in the form of fat and regulate metabolism.

Set-Point Theory

The theory that each individual has a genetically determined range of weight and temperature that their body will try to maintain to stay at optimal health.

Intrinsic Motivation

The drive to engage in an activity for its own sake, due to the inherent satisfaction and enjoyment it provides.