Extending a product line allows a firm to maximize sales opportunities without being limited by its resources.

Name: Extending a product line allows a firm to maximize sales opportunities without being limited by its resources.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Extending a product line can indeed open up new sales opportunities, but it also requires additional resources such as research and development, marketing, and possibly new production capabilities, which can stretch a firm's resources.

Extending a Product Line Allows a Firm to Maximize Sales