Adding Value to the Product (Or Line) Through Additional Features

question 228

Multiple Choice

Adding value to the product (or line) through additional features or higher-quality materials is referred to as

• A) trading up.
• B) trading down.
• C) product enhancement.
• D) product extension.
• E) quality infusement.

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Definitions:

Fundamental right

A basic right that is considered inherent, universal, and protected by law, often enshrined in a country's constitution.

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The principle of fair and just relations between the individual and society, measured by the distribution of wealth, opportunities for personal activity, and social privileges.

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The principle of ensuring fair and impartial access to resources, services, and opportunities for all individuals, regardless of their background.