What Can Managers Do to Prevent Products from Entering the Decline

question 24

Multiple Choice

What can managers do to prevent products from entering the decline stage?

• A) They can improve the product quality.
• B) They can reduce the product features.
• C) They can increase the advertising product.
• D) They can reduce the sales promotion.
• E) They can increase the price of the product.

---

Definitions:

Employment Options

The range of employment opportunities available to individuals, varying in terms of job type, industry, and level of required skill.

Labor Market

A marketplace where employers find workers and workers find jobs; it involves the supply and demand for labor.

Autocratic Workplace

An environment where decision-making is concentrated in the hands of a single leader or a small group, often resulting in minimal input from employees.

Union Acceptance

The acknowledgment and approval by an employer or society of the role and rights of unions to represent their members.