Which of the Following Is an Example of Line Extensions

question 61

Multiple Choice

Which of the following is an example of line extensions?

• A)introduction of the personal computer
• B)a firm's entry into various packaged food categories
• C)introduction of a new flavor of ice crème by a company
• D)introduction of improved version of a detergent powder by a firm

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Definitions:

Non-controlling Interest

The portion of equity interest in a subsidiary not held by the parent company.

Equity Accounts

Accounts that represent the owner's interest in the assets of a company, after deducting liabilities, commonly consisting of stock and retained earnings.

Non-controlling Interests

A minority stake in a company held by investors who do not have a controlling interest or majority of the voting rights.

Subsidiary Entity

A company that is controlled or owned, either in part or fully, by another company, known as its parent company.