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When a company uses a product line extension, it O markets a product under a new brand name so that consumers will view it as
When a company uses a product line extension, it O markets a product under a new brand name so that consumers will view it as an entirely new product line. O markets a new product with the current brand name to enter a new market segment in its product class. O speeds up the movement of a product through its product life cycle. O contracts with another firm to manufacture modified versions of the original products. O applies the current brand name to enter a completely different product class
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