Black & Decker is a company that makes tools for using around the house such as drills and hammers. Recently they decided to create toy tools for children such as a small plastic hammer for a toddler as well as a new type of battery powered electric drill that could be used without any cords. The first is an example of _________ and the second is an example of __________

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The first product the small plastic hammer for a toddler is an example of product diversification ... View the full answer