Business firms expect, and get, a high percentage of their sales and profits from new products.

Name: Business firms expect, and get, a high percentage of their sales and profits from new products.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Business firms invest heavily in research and development to create new and innovative products that can generate sales and profits. It is often the case that a significant portion of a company's revenue comes from new products or product lines.

Business Firms Expect, and Get, a High Percentage of Their