Which of the following best describes a category of new product that already exists but the firm is just entering it?

A) classically innovative products
B) new category entries
C) line extensions
D) improved products

B

Business

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Why are foreign currency futures contracts more popular with individuals and banks while foreign currency forwards are more popular with businesses?

What will be an ideal response?

Business

Customer relationship management applications concentrate on the activities involved in promoting and selling products to the customers as well as providing customer service and nourishing long-term relationships

Indicate whether the statement is true or false

Business