Multiple Choice
Due to the fact the Honda Insight (a hybrid car) has never caught on with buyers, Honda decided to stop manufacturing the car in 2006. This will allow Honda to concentrate its resources on more profitable vehicles. Which of the following terms best describes this?
A) product line contraction
B) product diversification
C) product development strategy
D) market redeployment
Correct Answer:
Verified
Correct Answer:
Verified
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