Most Existing Products Become Obsolete

question 23

Multiple Choice

Most existing products become obsolete. For a firm to continue to grow, it must do all of the following EXCEPT ____.

• A) move all production to the firm's existing facilities for economies of scale
• B) generate research and development investment proposals
• C) invest in marketing research
• D) invest in new plants

---

Definitions:

Unmarried Partner

An individual in a committed romantic relationship who lives with another individual without being legally married to them.

Buy The Other's Interest

To purchase the ownership stake of a partner or shareholder in a business, effectively transferring their portion of ownership to the buyer.

Privately Owned

Refers to assets, enterprises, or businesses that are owned by individuals or private entities, not controlled by the government.

Residential Property

Real estate that is used for housing purposes including single-family homes, apartments, townhouses, and other living spaces.