A Way That Closely Related Product Development for Existing Markets

question 30

Multiple Choice

A way that closely related product development for existing markets can take place is to:

• A)remove product features and refinements
• B)expand the production mix
• C)develop a new-generation product
• D)develop new products for new markets

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Definitions:

Associative Learning

Learning that occurs when an organism makes a connection, or an association, between two events.

Latent Learning

The process by which knowledge is acquired subconsciously and without immediate evidence of any change in behavior.

Observational Learning

A form of learning that occurs through observing the behavior of others and the outcomes of those behaviors.

Rote Learning

A memorization technique based on repetition, often without understanding the underlying content.