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2 9 . The types of products a company decides to sell is a core part of strategic decision making. However, there are costs attached

29. The types of products a company decides to sell is a core part of strategic decision making. However, there are costs attached to creating and selling products, so the extent of a company's product range has a high impact on its overall profitability. One way a company can extend its product range is by creating variants of its existing products.
Which of the statements below are good strategic reasons to offer specific product variants?
A. Product variants are introduced to replace ageing products
B. Closing gaps in the product range can block out opportunities for new competitors
C. Product variants have to attain high profit margins as they will take away sales of the core product in the range
D. Product variants can be used to test new marketing ideas

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