I need typed answer with explanation. Don't use AI BOT. Explain why remaining options are incorrect I will thumb up sure.

A company decided to try something completely new and crazy with its repositioning strategy to shake things up. Which common types of reposition pitfalls are they more likely to encounter by taking this strategy? overpromising going a bridge too far overestimating the "back to basics" approachSuccessful brand and line extensions impact businesses' brand equity in all of the following ways: They reduce the financial risk associated with new product development. They may cannibalize sales of the company's older, established products. They build on customers' loyalty to an existing brand to introduce them to new products