What are some of the major differences between product extension and line extension in r and d?

Explanation:

According to my research on Research and Development, I can say that based on this information the difference is that Product Extension is when R&D develops a product for a completely new product category within a company. While Line Extensions is when R&D adds additional products within an existing product category as well as the same brand name. Therefore the difference is the product category in the company in which R&D is working on.

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the act of deciding on matters of the economy. economic decision making is routinely conducted by finance ministers, economic advisors, heads of major central banks and business leaders and can have profound effects on a major economy.