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An Aging Baby Boomer Population Has Led to Increased Interest

Question 203

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An aging baby boomer population has led to increased interest in developing and marketing products to satisfy the needs of this large market.As a result,moisturizing lotions and creams like Oil of Olay are now repositioned as "age-defying" products.This is an example of which product repositioning action?


A) reaching a new market
B) reacting to a competitor's position
C) trading up
D) changing the value offered
E) product modification

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