Final answer:
The statement is true as innovation in product quality can involve changes to improve safety, convenience, or versatility. Examples include the food industry, where products are fortified or enriched for health benefits, but consultation with a health professional is recommended.
Step-by-step explanation:
The statement that quality modification of an existing product aims at changing the product's safety, convenience, or versatility is true. This process is known as innovation, and it involves making incremental or radical changes to improve a product's overall performance and user satisfaction. Quality modifications may involve adjustments to enhance product safety, increase convenience for users, or add features to make the product more versatile. For example, in the food industry, various ingredients are added or modified to improve safety and freshness, nutritional value, and taste, texture, and appearance. There are also instances where foods are modified with the help of biotechnology to boost their nutritional content and health benefits, such as calcium-fortified orange juice or vitamin-enriched cereals. Though many of these modifications have positive health implications, it is advised to consult a health professional for their impacts.