Finland-based Rapala VMC Corp.is the world's largest fishing lure manufacturer.It developed its first fishing lure-a cigar-shaped minnow-in 1962.The annual market for fishing lures in terms of retail sales is approximately $600 million.Rapala VMC garnered one-third of that amount in 2003.New lures must be introduced each year in order to stay competitive in this industry.Like other lure manufacturers,Rapala focuses on two questions in developing and making new lures: Does it work,and does it look good? Developing a new lure takes two or three years and involves extensive field testing by tournament professionals and fishing guides.At the annual fishing industry trade show in 2003,Rapala unveiled the "dream lure for the 21st century."
-Refer to Rapala.The "dream lure for the 21st century will more than likely be an example of what?
A) an addition to an existing product line
B) a repositioned product
C) a new product line
D) an improvement to an existing product

Question

Quizplus · Accepted Answer

The "dream lure for the 21st century" is likely an addition to an existing product line, as it represents a new product within Rapala's existing range of fishing lures.

Finland-Based Rapala VMC Corp