CLEP Marketing

Category - Product Management

McDonald’s new falafel sandwich offering is an addition to the company’s well-known products, such as the Big Mac and Filet-o-Fish, in what is called a _____________.
  1. Product line extension
  2. Ethnic integration strategy
  3. Product line rearrangement
  4. Global branding
  5. Branding uniformity
Explanation
Answer: A - McDonald’s new falafel sandwich offerings is an addition to the company’s well-known products, such as the Big Mac and McFillet, in what is called a product line extension. When a company adds new products to an existing line, it is termed a product line extension. The goal of such an extension is to use a company’s brand popularity to introduce a new product. This also helps the company introduce greater variety in their offerings and compete more broadly in the market.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz