When a Product Reaches the Decline Stage of the Product

question 185

Multiple Choice

When a product reaches the decline stage of the product life cycle, a firm has two choices. One choice involves product deletion-dropping it from a firm's product line. The other is called ________, which retains the product in the product line but reduces marketing costs.

• A) skimming
• B) paring
• C) divesting
• D) milking
• E) harvesting

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Definitions:

Sedatives

Medications or substances that are used to induce calmness or decrease activity, often prescribed to reduce anxiety or induce sleep.

Classified

Information, documents, or material that has been officially deemed confidential and restricted in terms of access and disclosure.

Physiological State

Refers to the condition of the body's systems and organs at any given time, including aspects such as heart rate, hormone levels, and temperature.

Meditation

A practice of focused attention, often used for relaxation and to enhance personal and spiritual growth.