Last month you introduced a new product to the market.Consumer demand has been overwhelming and it appears that strong demand will exist over the long-term.Given this situation,management should consider the option to:

Question

Quizplus · Accepted Answer

Since consumer demand has been overwhelming and it appears that strong demand will exist over the long-term, the best option for management is to expand the product to meet the demand. This will allow the company to take advantage of the positive response from consumers and increase revenue in the long run. Suspend, contract, withdraw, and abandon are not suitable options given the current situation.

Last Month You Introduced a New Product to the Market