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Cloakwork Security Sells Security Products and Services

Question 61

Multiple Choice

Cloakwork Security sells security products and services. It went public last year and created a research and development team to spur growth in shareholder wealth. Which reason to develop new products is most evident in this scenario?


A) to fill out a product line
B) to create market segmentation
C) to continue to expand revenue and profits
D) to build its niche market
E) to take advantage of an opportunity

Correct Answer:

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