Which of the Following Is Considered to Be the Least

question 49

Multiple Choice

Which of the following is considered to be the least innovative among the categories of new products?

• A) Cost-reduced products
• B) New-to-the-firm products
• C) New-to-the-world products
• D) Line extensions

---

Definitions:

Stock Dividend

A distribution by a corporation to its shareholders using extra shares instead of monetary payment.

Retained Earnings

The portion of a company's profits that is held or retained and not paid out as dividends to shareholders.

Declaration

An official statement or announcement made by a person or an organization.

Convertible Securities

Financial instruments, such as bonds or preferred shares, that can be converted into a specified amount of another asset, typically shares of the issuing company.