Changing a Product in Some Way to Make It More

question 185

Multiple Choice

Changing a product in some way to make it more appropriate for a country's climate or preferences is an example of which type of global marketing product/promotion strategy?

• A)product extension
• B)product customization
• C)product invention
• D)product integration
• E)product adaptation

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Definitions:

Time Series Forecast

The use of historical data to predict future events or trends, often through the analysis of patterns over time in areas such as sales, stock prices, or weather.

Office Manager

A professional responsible for overseeing administrative tasks in an office, ensuring smooth operations and facilitating communication among staff.

Trend Analysis

The examination of historical data to identify patterns, which can be used to forecast future movements.

Rigid Structure

Typically describes an organizational framework with strict rules, roles, and procedures that limit flexibility and adaptability.