Which Strategy Should an Organization Use When Its Products Are

question 94

Multiple Choice

Which strategy should an organization use when its products are currently in the declining stage of the product's life cycle?

• A) Divestiture
• B) Related diversification
• C) Backward integration
• D) Unrelated diversification
• E) Retrenchment

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Definitions:

Internal Ideas

Concepts or solutions that originate within an organization, often through its employees or internal research and development activities.

Consumer Packaged Goods

Products that are sold in packaging and consumed by the average consumer at a relatively fast pace, such as food, beverages, and toiletries.

Successful CPG Launch

The effective introduction of a Consumer Packaged Goods product into the market, achieving planned sales and market penetration goals.

Precise Protocol

A set of detailed and exact guidelines designed to achieve a specific outcome, often used in technological, scientific, or industry-specific contexts.