A Run-Out Approach of Product Deletion

question 76

Multiple Choice

A run-out approach of product deletion:

• A) lets the product decline without changing the product strategy.
• B) is an immediate-drop decision.
• C) exploits any strengths left in the product.
• D) raises the price of the product continually to secure as much profit as possible before the product is priced out of the market.
• E) occurs when production cannot keep pace with demand because of material shortages.

---

Definitions:

Formative Evaluation

An evaluative process conducted during the development of a program or project to improve its design and performance through ongoing feedback.

Measurement

The process of obtaining the size, quantity, or degree of something using standard units.

Outcome Objectives

Specific goals that a project or study aims to achieve, measured through certain indicators or outcomes.

Summative Evaluation

A type of evaluation that judges the effectiveness of a program, project, or instruction at its conclusion, summarizing its impact.