How can a firm increase the life of a product without involving product changes?

A) Product extension
B) Product adaption
C) Rebranding
D) New product placement
E) Reintroduction

Answer: A
Explanation: A) In product extension, an existing product is marketed globally instead of just domestically.

Business

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The process of assigning tasks to workstations such a way that all workstations have approximately equal time requirement is ________ .

a. idle time analysis b. line balancing c. cycle time optimization d. fair employment practices e. none of these

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A condominium association may do all of the following except:

a. elect a board of Directors b. interview prospective buyers c. award contracts to tradesmen d. assess unit owners a fee to cover the cost of maintenance and repairs

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