Without New Products,a Firm Can

question 26

Multiple Choice

Without new products,a firm can:

• A) only market to current customers or similar customers.
• B) only diversify into new product lines.
• C) focus on product reincarnation.
• D) increase prices,because they have only a few products.
• E) worry less about competitors' actions.

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Definitions:

Real Dispute

A genuine disagreement or contestation that exists between parties, often necessitating legal intervention to resolve.

Feigned

Something fabricated or pretended; not genuine or real.

Stare Decisis

A legal doctrine that obligates courts to follow historical cases when making a ruling on a similar case.

Common Law Rule

A principle based on judicial decisions and customary practices rather than written laws.