b. brand mix extension c. product diversification d. brand repositioning e. demographic modification ANS: A A product modification changes one of more of a product’s characteristics--in this example, its storage capacity. PTS: 1 REF: 156 OBJ: 10-3 TY

61. Taxes must be classified as a _____ risk when used as a means of controlling foreign investments. A. politic al B. soci al C. financi al D. environmen tal E. leg al 62. Since the government of Nigeria is strapped for cash, it has decided to tax all

19. Sobha Developers is the only company in India and possibly the world that manufactures almost everything that goes into its buildings. It is this backward integration that gives Sobha absolute control over quality at every level. Sobha has the hi

ANS: F This is an example of product development strategy. A market penetration strategy in one that tries to increase market share among existing customers. PTS: 1 REF: 22 OBJ: 02-6 TYPE: Def TOP: AACSB Reflective Thinking | TB&E Model Strategy 15.

46. Chile, Brazil, Mexico, South Korea, Singapore, and Taiwan are _____ countries. A. least- developed B. kinetically- developing C. parallel- developed D. newly industrialized E. rapid- growth 47. Which of the following countries was involved in the