Product Modification Occurs When Changes Are Made in How the Product

question 21

True/False

Product modification occurs when changes are made in how the product functions,the quality of the product is modified or some aesthetic characteristic of the product is changed.

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Definitions:

Monthly Loan

A financial agreement where a sum of money is borrowed and repaid in monthly installments over a specified period of time, often including interest.

Motivation Process

The psychological activities that lead to the arousal, direction, and persistence of voluntary actions aimed at achieving a goal.

Needs

Fundamental human requirements, including physical, social, and psychological necessities, essential for well-being.

Cognitive Processes

The mental actions or processes involved in acquiring knowledge and understanding through the senses, experience, and thought.