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Question
when entrepreneurs develop new products, other companies also experience growth because they
immediately copy the successful product
create many companion products.
try to develop their own products.
attempt to improve the product.
Brief Explanations
To solve this, we analyze each option:
- "Immediately copy the successful product" is less likely as there are legal and competitive barriers to immediate copying.
- "Create many companion products" fits because when a new product is developed (e.g., a new smartphone), other companies make accessories (companion products) like cases, chargers, etc., leading to their growth.
- "Try to develop their own products" is more about competition rather than direct growth from the new product.
- "Attempt to improve the product" is also competitive and not the main way other companies grow from a new product.
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B. create many companion products