Implementing a Harvesting Strategy Would Mean That

question 63

Multiple Choice

Implementing a harvesting strategy would mean that:

• A)advertising dollars are increased, recognizing the profitability of the product
• B)advertising dollars are decreased
• C)growth of the product is significant, hence "harvesting" the profits
• D)the product line is being expanded

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Definitions:

Entrepreneurship

The process of designing, launching, and running a new business, typically starting as a small business, such as a startup, and aiming to achieve growth and profit.

Deontological Theory

An ethical philosophy that evaluates actions as right or wrong based on adherence to rules, duties, or moral principles, regardless of the consequences.

Decisions

Resolutions or conclusions reached after consideration or deliberation by individuals, groups, or organizations.

Action

The process or state of acting or being active; a deed or movement.