The new car's cannibalization of the company's existing product range occurred is the likely reason for this.
What is meant by car's cannibalization?To take out salvageable parts from something, as a broken machine in order to put something else together or fix it. To include a part taken from one thing into the building, repairing, or making of another object.
One of the most well-known examples of product cannibalization is Coca-Cola. Coca-Cola offers a number of products that compete for the same customers, from cherry coke and vanilla coke to coke zero. This phenomenon reduces market share and revenue for each party involved.
Although the introduction of a new product line will inevitably lead to product cannibalization.
Thus, The new car's cannibalization of the company's existing product range occurred.
For more details about car's cannibalization, click here:
https://brainly.com/question/9652690
#SPJ2
Heinrich, a purchaser for an optics company in Germany, must place an order for materials for use in its production process. He is most likely to order from a company ________.
within the European Union because there would be no barriers to trade
is the answer.
The European Union is a political and economic union of 27 member states, primarily in Europe. The total area of the Union is 4,233,255.3 km² and the estimated total population is about 447 million.
The European Union (EU) is a unique economic and political coalition between 27 European countries. The predecessor of the EU was founded after World War II.
Founded in 1992, the modern European Union has its roots in the integration of the post-war European economy and the prevention of future conflicts. It consists of seven major institutions and dozens of smaller institutions that legislate and coordinate foreign policy and trade and manages a common budget.
Learn more about European Union here:https://brainly.com/question/14412240
#SPJ4
Performance Bicycle Company makes steel and titanium handlebars for bicycles. It requires approximately one hour of labor to make one handlebar of either type. During the most recent accounting period, Barr Company made 7,900 steel bars and 2,100 titanium bars. Setup costs amounted to $33,000. One batch of each type of bar was run each month. If a single companywide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:
The amount of setup cost assigned to the steel bars will be:$26,070.
Overhead cost allocated to steel bars
First step
Overhead rate on the basis of direct labor = Total Overhead / Total labor hours
Overhead rate on the basis of direct labor=33,000/(7900+2100)
Overhead rate on the basis of direct labor = 33,000/10,000
Overhead rate on the basis of direct labor =3.3
Second step
Overhead cost allocated to steel bars:
Overhead cost allocated to steel bars = 3.3×7900
Overhead cost allocated to steel bars= $26,070
Therefore the amount of setup cost assigned to the steel bars will be:$26,070.
Learn more about Overhead cost here:https://brainly.com/question/13057701
#SPJ1
Blackzim Inc. entered the low-priced digital watch market several years ago. This firm's earnings have been unsteady but might be growing. According to the BCG growth matrix, Blackzim is a
Your question is incomplete. please read below to find the full content.
Blackzim Inc. entered the low-priced digital watch market several years ago. This firm's earnings have been unsteady but might be growing.
The following statement should be considered a true statement regarding product categories:
The list of the product & services should be filtered.
The existed category or the new product category added should be prescribed.
The name in the product category should be added for purchase or sales transactions.
The following information related to the product is:
It is a tangible product that can be seen and touched i.e. computer, or furniture.
It can be an intangible product also that cannot be seen or touched i.e. goodwill, services, etc.
Therefore we can conclude that the above statements should be relevant.
Learn more about the product at
brainly.com/question/21254539
#SPJ4
During its first year of operations, Martinez Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 25,800 shares for cash at $6 per share. July 1 Issued 54,000 shares for cash at $8 per share. (a) Journalize the transactions, assuming that the common stock has a par value of $6 per share. (b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $3 per share.
Journalize the transactions par value of $6 per share is, 108000 and no-par with a stated value of $3 per share is, 270000.
What does common stock mean?A security that symbolizes ownership in a firm is called common stock.Common stock owners choose the board of directors and cast ballots for corporate rules.Long-term rates of return are often higher with this type of stock ownership.What is an example of a common stock?For instance, investors will receive $0.50 for each ordinary share they own if a corporation announces a dividend of $10 million and has 20 million shareholders.According to the question:
(a) Journalize the transactions, assuming that the common stock has a par value of $6 per share.D: Cash 154800.
C: common stock 154800.
D: Cash 432000.
C: Common stock 324000.
C: Paid-in Capital in Excess of Par Value-Common Stock 108000.
(b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $3 per share.D: Cash 154800.
C: Paid-in Capital in Excess of Stated Value-Common Stock 77400.
C: Common Stock 77400.
D: Cash 432000.
C: Common Stock 162000.
C: Paid-in Capital in Excess of Stated Value-Common Stock 270000.
Learn more about Common Stock here:
https://brainly.com/question/25562729
#SPJ4
Under MM with no taxes, as debt is Blank______ to capital structure, the cost of equity Blank______. Multiple select question. added; decreases removed; increases removed; decreases added; increases
removed; decreases; added; increases It means that when a debt is removed the cost of equity decreases and when a debt is added the cost of equity increases.
What is capital structure?
Capital structure is the specific mix of debt and equity utilized by an organization to fund its general tasks and development.
What is cost of equity?
The cost of equity alludes to two separate ideas, contingent upon the party in question. In the event that you are the investor, the expense of value is the pace of return expected on an interest in value. In the event that you are the organization, the cost of equity decides the necessary rate of return from a specific task or investment.
Know more about equity here:
https://brainly.com/question/4681855
#SPJ4
The market growth rate index is measured by Group of answer choices average growth rate in commercial energy average growth rate in GDP. average growth rate in commercial energy real growth rate in GDP.
the average growth rate in commercial energy real growth rate in GDP is the answer.
Gross domestic product is a monetary measure of the market value of all final goods and services produced by each country during a particular period of time.
GDP measures the monetary value of final goods and services produced in a country during a specific time period (for example, quarter or year), that is, those purchased by the end consumer. It counts all the electricity generated within the boundaries of the country.
We know that GDP in the economy is the monetary value of all final goods and services produced. For example, let's say Country B produces only bananas and back love. Figure%: Goods and Services Produced in Country B In the first year, we will produce 5 bananas worth $ 1 and 5 black labs worth $ 6, respectively.
Learn more about GDP here:https://brainly.com/question/1383956
#SPJ4
GDP per capita in Kazakhstan has increased greatly in the twenty-first century as a result of the nation's: Group of answer choices oil reserves.
GDP per capita in Kazakhstan increased greatly in the 21st century as a result of the nation's: A. oil reserves.
What is GDP?GDP is an acronym for gross domestic product and it refers to a measure of the total market value of all finished goods and services that are produced within a country over a specific period of time.
This ultimately implies that, GDP per capita in Kazakhstan increased greatly in the 21st century due to her oil reserves.
Read more on GDP here: https://brainly.com/question/1383956
#SPJ1
Complete Question:
GDP per capita in Kazakhstan has increased greatly in the twenty-first century as a result of the
nation's:
A) oil reserves.
B) carpet trade.
C) close alliance with Russia.
D) annexation of Turkmenistan.
A national fast food franchisor filed an action against one of its franchisees, alleging breach of contract. Both parties are corporations. The franchisor alleged that the franchisee had failed to pay the franchisor the requisite percentage of the franchisee's profits as required by the franchise contract. The franchisor timely served on the franchisee corporation a notice of deposition, which named the franchisee corporation as the deponent and which stated that the deposition would inquire into the accounting methods and accounting records of the franchisee corporation. How should the defendant franchisee corporation respond to the fact that the notice of deposition does not name a person to be deposed
The defendant franchisee corporation should respond to the fact that the notice of deposition does not name a person to be deposed by "designating a person who will testify on its behalf about its accounting methods and accounting records".
What is meant by defendant franchisee?The entity or person accused of committing a wrongdoing is known as the Defendant.
The notice of deposition is - "a document directing a witness to appear to answer questions under oath". The notice includes a time and place where the examination is to occur. The notice is sent to all parties in a lawsuit so that everyone involved has been given notice of the event.
For the given case-
The franchisee corporation must choose a witness who will speak on its behalf while testifying about its accounting practices and records. A party may identify the organization in the notice of deposition and specify with reasonable particularity the topics to be covered. The organization should then choose witnesses to give testimony on its behalf.To know more about the deposition, here
https://brainly.com/question/24865355
#SPJ4
Silis Autos is known for its affordable and reliable brand of consumer vehicles. Because its shareholders expect to see an improved rate of growth in the coming years, Silis' executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. However, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (ATVs). Which type of corporate diversification strategy should Beagle pursue
Beagle should pursue a related-unlinked corporate diversification strategy.
What are strategies for diversification?Businesses that employ diversification techniques enter brand-new industries. Diversification necessitates entering new value chains, as opposed to vertical integration, which includes a company entering a new portion of an existing value chain. Many businesses do this through merging or buying other businesses, while some simply grow into new markets on their own.
What are the three diversification evaluation criteria?These three requirements must be met in order for a proposed diversification strategy to be accepted.
Test of Attractiveness: How appealing is the market a company is considering entering? Entering a new industry can be exceedingly hazardous unless it has significant profit potential.
Cost-of-Entry Exam: What is the expected entry fee for this industry? Executives must be certain that their company can recover the costs it incurs in order to diversify.
Better Off Test: Will the new unit and the company benefit more as a result? Diversification ought to be avoided until one party or the other acquires a competitive advantage.
Learn more about diversification strategy with the help of the given link:
brainly.com/question/16876041?referrer=searchResults
#SPJ4
When Ben left the corporate rat race to start his own pottery business, he used some of his retirement savings to finance the business. This practice is known as:
When Ben left the corporate rat race to start his own pottery business, he used some of his retirement savings to finance the business. This practice is known as bootstrapping.
What is bootstrapping?Bootstrapping is a word used in business to describe the process of starting and growing a firm utilizing solely available resources, such as personal funds, personal computing equipment, and garage space.
Learn more about bootstrapping here:
https://brainly.com/question/14097941
#SPJ4
According to the basic quantity equation of money, if price and output fall while velocity increases, then: the quantity of money will rise. the quantity of money will fall. the quantity of money will rise before it falls. the quantity of money will rise slowly.
The quantity of money will fall.
According to the quantity theory of money, the overall price level of goods and services in an economy is proportional to the money supply, assuming that the level of actual output is constant and velocity of the money is constant.
The same dynamics that drive the supply and demand of any product also influence the supply and demand of money: an increase in money supply, in general, reduces the marginal value of money, reducing the purchasing power of one unit of currency.
Therefore, the correct option is the quantity of money will fall.
To know more about quantity theory of money click here:
https://brainly.com/question/15552494
#SPJ4
Perfectly competitive firms produce up to the point where the price of the good equals the marginal cost of producing the last unit. This condition is referred to as
The condition in which the price equals the marginal cost is commonly known as allocative efficiency.
What is allocative efficiency?This is a concept used in business to refer to an equilibrium between the price and the marginal cost. This concept implies there is perfect competition and therefore, the products and services are equally distributed.
What would happen if there is allocative innefficency?This implies the price of a product or service is not efficient.
Learn more about allocative efficiency in: https://brainly.com/question/13195743
#SPJ1
The legal mechanism for evaluating the existence of an incentive for a person's promise to establish a binding contract and acts as a receipt of a legal benefit or the suffering of a legal detriment is ________. Group of answer choices accord and satisfaction novation collusion consideration reversion
The suffering of a legal detriment is consideration.
What is consideration explain with example?The term "consideration" refers to anything of value that is promised by one party to the other when entering into a contract.For instance, if A forms a contract with B to purchase a car from B for $5,000, A's consideration is the $5,000, and B's consideration is the car.What is a consideration in business?Consideration in business can signify one of two things. Either it is the same as payment, or it is a contractual exchange of promises made by both parties to benefit from the agreement. The definition we will be talking about today is the second one. In this sense, consideration must have actual worth.What is consideration and its type?Consideration is divided into two categories When the promise has not been fulfilled when it should have been within the parameters of the contract.
Learn more about consideration here:
https://brainly.com/question/27027695
#SPJ4
The price of lemonade is $0.50; the price of popcorn is $1.00. If Fred has maximized his utility by purchasing lemonade and popcorn, his marginal rate of substitution will be:
2 lemonades for each popcorn will be the answer.
Utility maximization is the concept by which individuals and organizations seek to achieve the highest levels of satisfaction with their financial decisions. The utility function measures the intensity at which a person's achievements are achieved.
If a consumer wants to maximize total utility, for every dollar he spends, he should spend it on items that bring the maximum marginal utility per dollar spent.
When multiple products are selected, the condition for maximizing utility is for the consumer to balance marginal utility per pound. The utility maximization conditions are as follows: MUA / PA = MUB / PB Where MU is marginal utility and P is price.
Learn more about maximizing utility here:https://brainly.com/question/15829138
#SPJ4
The table identifies how many thousands of units of corn and diamonds the United States and Congo can produce in one week. Use this data to answer the question that follows.
Corn Diamonds
United States
60 10
Congo
20 5
Which fraction represents the opportunity cost for the United States to produce corn?
A. 60⁄10
B. 10⁄60
C. 20⁄5
D. 5⁄20
Based on the units of corn and diamonds produced by the United States, the opportunity cost of producing corn is B. 10⁄60.
What is the opportunity cost of producing corn?The opportunity cost of producing corn to the United States would be the number of diamonds that are given up to make one unit of corn.
This can be found as:
= Units of diamonds / Units of corn
= 10 / 60 diamonds
In conclusion, option B is correct.
Find out more on opportunity cost at https://brainly.com/question/1549591.
#SPJ1
Answer:
B. 10⁄60
Explanation:
Took the test and got it right.
Have a nice day!
Which regulatory act created seven Regional Bell Operating Companies (RBOCs) from 22 former Bell Operating Companies (BOCs)
The regulatory act is 1982 Modified Final Judgement (MFJ)
1982 Modified Final Judgement (MFJ) regulatory act created seven Regional Bell Operating Companies (RBOCs) from 22 former Bell Operating Companies (BOCs).
Regional Bell operating company (RBOC) is the term used to describe one of the U.S. regional telephone companies formed as a result of the December 31, 1983, breakup of American Telephone and Telegraph Company (AT&T, also known as the Bell System or "Ma Bell") by a U.S. Federal Court consent decree. Ameritech, Bell Atlantic, BellSouth, NYNEX, Pacific Bell, Southwestern Bell, and US WEST were the seven original regional Bell operating businesses.
Therefore, the answer is 1982 Modified Final Judgement (MFJ)
To know more about regional Bell operating company click here:
https://brainly.com/question/14268337
#SPJ4
Statements that show the effects of proposed transactions as if the transactions had already occurred are called:
Proforma statements are those that depict proposed transactions' results as if they had already happened.
What are Proforma statements?There are several aspects of corporate decision-making that rely heavily on figures. You must show that your ideas are financially sound in order to gain support from important stakeholders, attract investors, and strategically plan.
A historical snapshot of a company's performance can be provided by some financial documents, such as balance sheets, income statements, cash flow statements, and annual reports, but they sometimes lack the ability to provide foresight when making future planning decisions. Because of this, professionals frequently use predictions and financial projections to inform their decisions and provide crucial "what if" scenarios. A frequent kind of projection that can be helpful in these circumstances is pro forma financial statements.
Learn more about Proforma statements here:
https://brainly.com/question/2554101
#SPJ4
A firm attempting to reduce the size of its workforce may use several approaches. The approach most likely to be saved as a last resort is
The approach most likely to be saved as a last resort for a firm aiming to reduce its workforce is Firing.
What is Firing?Firing implies that a representative's occupation is ended because of reasons, for example, unfortunate work execution or exploitative way of behaving like taking organization hardware. In any case, a business can terminate laborers with no legitimate explanation assuming they're freely representatives.How to legally fire?Refrain from escalating a sensitive situation. Do not abruptly break the news, use profanities, or reprimand the employee in front of other workers.Follow the laid-out discipline strategy. On the off chance that the handbook says to give a verbal admonition, a composed admonition, and a trial period, then, at that point, do each step.The handbook additionally ought to give you the option to end laborers quickly who take part in serious wrongdoing.However, prior to skirting moderate discipline, make certain of the realities. Hearing bits of gossip about bad behavior from others is sufficiently not. Lead an intensive examination, then ask the worker for his side.Hence, Firing is most likely to be used as a last resort by a company looking to decrease its personnel.
To learn more about Firing refer to:
https://brainly.com/question/2211502
#SPJ4
Since the addition of Lunchables Brunchables, there have been high sales growth and profits. Which stage of the product life cycle does this reflect?
Growth stage of the product life cycle does this reflect.
What is the growth phase?The Growth stage, the second stage in the product life cycle, is crucial for many manufacturers because it helps a product take its place in the market, boost sales, and increase profit margins.
What occurs during the growth stage?Consumers have accepted the product on the market and are starting to genuinely buy in during the growth stage. That indicates that both demand and profits are rising, preferably consistently and quickly. The market for the product is expanding during the expansion stage, and competition is starting to emerge.
What is an illustration of a growth stage?For instance, the Tesla Model S is currently seeing growth. People still need to be persuaded that electric automobiles are reliable and useful. It gets easier to convince individuals who are more skeptical of new technology, like electric automobiles, when there are more electric charging stations and more people embrace them.
learn more about growth stage here https://brainly.com/question/8805824
#SPJ4
___________________ activities include the management of in-store display techniques, shelf-talking, spot demonstrations, personal selling in general, and other point-of-sale methods.
Shelf management activities include the management of in-store display techniques, shelf-talking, spot demonstrations, personal selling in general, and other point-of-sale methods.
At the simplest level, it's a way to manage your existing shelf space for more efficient storage of your products. However, the shelf management system includes merchandising and inventory strategies combined with the appropriate system hardware to organize, inventory, and display products to increase sales.
Some brands have successfully placed their products on the top or bottom shelves. Retailers consider many factors when deciding what products to stock in a particular location. This method is called shelf space management. Brands need to be aware of the needs of retailers and gain a prominent place in the store.
Effective shelving management gives businesses the opportunity to create the right layouts and designs for targeted marketing to get their target audience to buy a particular product.
Learn more about shelf management here:https://brainly.com/question/18069347
#SPJ4
Studies show that countries that have independent central banks, such as the Federal Reserve Bank, compared to those that have little or no central bank independence, have lower average rates of ______.
Studies show that countries that have independent central banks, such as the Federal Reserve Bank, compared to those that have little or no central bank independence, have lower average rates of inflation.
The United States of America's central banking system is called the Federal Reserve System. With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized control of the monetary system to prevent financial crises following a string of financial panics.
In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
Learn more about inflation here https://brainly.com/question/8149429
#SPJ4
The activity known as _____________ entails identifying and thereafter attempting to satisfy the needs/solve the problems of pre-specified segments of prospective or actual customers.
The activity known as Target marketing entails identifying and thereafter attempting to satisfy the needs/solve the problems of pre-specified segments of prospective or actual customers.
What is Target marketing ?Target marketing involves focusing on the potential customer of a particular product and convince them to make a purchase,
In this case, he activity known as Target marketing entails identifying and thereafter attempting to satisfy the needs/solve the problems of pre-specified segments .
Learn more about marketing on:
https://brainly.com/question/14457086
#SPJ1
The activity known as Target marketing
What is Target marketing ?
Target marketing is the marketing of products and services to a specific group of customers sharing similar economic characteristics. companies employ this strategy to increase sales of their products.
Hence we can conclude that The activity known as Target marketing
Learn more about Target marketing : https://brainly.com/question/20812603
#SPJ1
What must be explained to consumers enrolling in an HMO (Health Maintenance Organization) MA Plan? (Select 3)
They must be told that; To get coverage under the plan, clients must visit participating providers inside the network; otherwise, they will be responsible for the full cost of the service.
Urgent care, emergency care, and renal dialysis treatments are the only exceptions to the provider network requirement. This is further explained below.
What is a health maintenance organization (HMO)?Generally, A health maintenance organization (HMO) is a kind of health insurance plan that offers health care via a network of physicians in exchange for a monthly or yearly charge.
In conclusion, Clients must be informed that they will only be eligible for plan benefits if they get care from in-network participating providers.
There are a few exceptions to having a provider network, and they include urgent care, emergency care, and renal dialysis treatments. More detail about this is provided below.
Read more about health maintenance organization (HMO)
https://brainly.com/question/4466826
#SPJ1
If Toys R Us and FAO Schwartz decided to join to form one company this activity would be called a(n)
What is a technique to gain personal information for the purpose of identity theft, usually by means of fraudulent emails that look as though they came from legitimate businesses? Pharming Phishing Phishing Expedition. Spear Phishing. g
Phishing is a technique to gain personal information for the purpose of identity theft, usually by means of fraudulent emails that look as though they came from legitimate businesses.
Phishing is a form of social engineering in which an attacker delivers a false message intended to dupe a person into giving up personal information to the attacker or to install harmful software, such as ransomware, on the victim's infrastructure.
Phishing, sometimes known as "fishing," is an assault that tries to steal your money or your identity by tricking you into disclosing personal information on websites that look official but are actually fraudulent.
Learn more about Phishing here https://brainly.com/question/2547147
#SPJ4
Adam smith suggests that increased competition will allow prices to be kept ______________________.
Adam Smith suggests that increased competition will allow prices to be kept at equilibrium or natural price. This is further explained below.
What is equilibrium price?Generally, When there is a balance between the supply of products and the demand for those items, an equilibrium price is reached. Whenever a major index goes through a phase of consolidation or sideways motion
In conclusion, Adam Smith argues that market forces will stabilize prices at a natural level of competition is enhanced.
Read more about the equilibrium price
https://brainly.com/question/14480835
#SPJ1
Protecting yourself from exposure to toxic substances in the workplace is an example of promoting ______ wellness.
Protecting yourself from exposure to toxic substances in the workplace is an example of promoting environmental wellness.
Environmental wellnessEnvironmental wellness is having good health by occupying pleasant, stimulating environments that support well-being. It promotes interaction with nature and also creating an enjoyable personal environment (both in and out of your workspace).
Learn more about environmental wellness here :
https://brainly.com/question/18580902
#SPJ4
When convertible bonds are first issued I. the conversion price of the stock is higher than the market price. II. the market price of the stock is higher than the conversion price. III. the coupon rate is higher than if the bond were not convertible. IV. the coupon rate is lower than if the bond were not convertible.
When convertible bonds are first issued
the conversion price of the stock is higher than the market price.the coupon rate is lower than if the bond were not convertible.Why are convertible bonds issued?Convertible bonds are issued by businesses to reduce their debt's coupon rate and postpone dilution. The number of shares an investor will receive in exchange for a bond depends on its conversion ratio. If the stock price is higher than if the bond were to be redeemed, companies can force the conversion of the bonds.
What is a convertible bond?An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a predetermined number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option.
What benefits do convertible bonds offer?The interest expense reductions from convertible bonds can be substantial. Convertible bonds often have lower interest rate payments than straight corporate bonds. The conversion option gives investors the chance to profit from gains in stock price, so they accept the reduced interest payments. May 10, 2021.learn more about convertible bonds here https://brainly.com/question/14954723
#SPJ4
The 1828 "tariff of abominations" originated with ______, but because it placed tariffs on other imports in order to win support from other constituencies, it raised the price of ______ and therefore lost the support of the group it had been intended to help.
The 1828 "tariff of abominations" originated with New England textile manufactures, but because it placed tariffs on other imports in order to win support from other constituencies, it raised the price of raw material and therefore lost the support of the group it had been intended to help.
In May 1828, the United States passed the Tariff of 1828, a particularly onerous protective tariff. Unexpectedly, the law succeeded despite being written such that Congress wouldn't approve it because it would harm both industry and agriculture.
Because of the impact it had on the economy of the South, it was derided as the "Tariff of Abominations" by its opponents in the region. Some imported commodities were subject to a 38 percent tax, and some imported raw materials were subject to a 45 percent tax.
Learn more about Tariff of Abominations here https://brainly.com/question/14898120
#SPJ4
A(n) _____ includes the original product plus the extra things needed to increase the value from consumption. a. exemplar product b. unsought product c. augmented product d. secondary product e. complete product
An augmented product includes the original product plus the extra things needed to increase the value from consumption.
An augmented product has been given extra features or services by its seller to set it apart from similar products sold by rival companies. A product can be enhanced by adding extra features or benefits that are not physically present.
Any non-physical components of the product are the augmented product. The augmented product typically comes with things like a warranty and customer service. The augmented product can be a crucial tool for customizing your offering to satisfy the needs of particular customers.
Learn more about augmented product here https://brainly.com/question/1470792
#SPJ4