A company limits its growth potential when it concentrates on a single product,even though the company may have started that way.

Question

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When a company focuses solely on a single product, it is restricting its potential for growth and limiting its opportunities for diversification or expansion into new markets. This can ultimately harm the company's long-term success and competitiveness in the industry. It is important for companies to continually adapt and evolve their product offerings to meet changing customer needs and stay ahead of competitors.

A Company Limits Its Growth Potential When It Concentrates on a Single