The Management at Graphon Systems Believes in Performance-Improving Innovations

question 8

Multiple Choice

The management at Graphon Systems believes in performance-improving innovations. It makes its design team work on the existing models of the company's products to innovate newer versions of the same products that would possess an enhanced look and have greater functional aspects. Which of the following statements is true in this scenario?

• A) The company would have limited potential to capture additional market share.
• B) Resources used for the production of a product's existing models cannot be shifted to the production line for the new models.
• C) There will be a huge potential for the creation of new jobs.
• D) Sales of the newer versions of the products will not be able to replace the sales of the existing versions of the products.

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Definitions:

Equation

A mathematical statement that asserts the equality of two expressions, often including variables and constants.

Point

A singular location in space that can represent a position on a graph or in a geometric context.

Slope-Intercept Form

A linear equation of the form y = mx + b, where m is the slope and b is the y-intercept.

Equation

A statement that asserts the equality of two expressions, usually represented by the symbol "=".