'Product extension' is illustrated as the company's strategy that involves the use of a presently existing established brand name to introduce a new product with slight variations in the similar product category. Such strategies assist the companies to increase their profit margins by offering a wide variety of products as the familiar brand's goodwill works for it to increases the sales effectively.
In the given question, the introduction of 'innovative products as televisions' by Sony that offers a variation in the established brand name of Sony in 'color television' would surely promote the increased sales and profits for the company. Such a strategy is categorized as 'product extension' that involves the extension of the similar product range.
Answer: Ideal culture refers to cultural guidelines publicly embraced by members of a society. Real culture refers to actual behavior patterns, which often conflict with these guidelines.
Answer: The correct answer is : This fragment refers to verse 13 of chapter 6 of the book of John of the Holy Bible. Jesus works the miracle of feeding 5000 people, multiplying 5 loaves and 2 fish that was the only thing they had. People were hungry and in this way they were satiated and even left over to carry.
