Carrying a Weak Product During the Decline Stage of the PLC

question 4

Essay

Carrying a weak product during the decline stage of the PLC can be very costly to a firm, and not just in profit terms.Which one of these is least likely to be one of those costs?
takes up much of management's time
frequent price and inventory adjustment
requires advertising and sales force attention
few customer concerns about company image
all of the above

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Definitions:

Oral Storytelling

The art and practice of telling stories through the spoken word, often without the use of written text, as a method of entertainment, education, cultural preservation, or moral teaching.

Traditional Beliefs

Convictions and practices that are handed down from generation to generation within a culture or society, often related to religion, folklore, or community standards.

Philosophy

The study of the fundamental nature of knowledge, reality, and existence.

Negotiating Treaties

The process of discussing and coming to mutual agreements on the terms of a formal written agreement between two or more parties, typically countries.