A Strategy of Dropping a Product from the Product Line

question 27

Multiple Choice

A strategy of dropping a product from the product line during the decline stage of the product life cycle is referred to as

• A) trimming.
• B) elimination.
• C) paring down.
• D) deletion.
• E) harvesting.

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Definitions:

Burnout

A state of emotional, physical, and mental exhaustion caused by prolonged stress, often resulting in decreased performance and motivation.

Civic Development

The process of acquiring the knowledge and skills needed for informed and engaged participation in civic and democratic activities.

Exploration Stage

The phase of development or research where various options, ideas, or possibilities are investigated and evaluated.

Public Good

A commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.