Multiple Choice
Which of the following is NOT a major reason for the importance of new products to a company?
A) New products can utilize waste materials and byproducts of existing products.
B) New products are generally necessary to maintain a balanced portfolio.
C) New products can reduce a firm's total investment requirements.
D) New products can help maximize the efficiency of a firm's distribution system.
Correct Answer:
Verified
Correct Answer:
Verified
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