Question
If a bank offers different versions of a savings account
(Basic, Premium, Elite) within the same category, it is practicing:Solution
Line extension refers to introducing new variants within the same product category under the same brand.  Why Other Options Are Incorrect • A: Launching into new product category. • C: Combining products. • D: New product + new market. • E: Removing product.  Banking Example: Savings account tiers with increasing privileges.
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Consider the following statements:
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The current Cabinet Minister of Agriculture and Farmers Welfare is _____________ .
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