A Product Line Should Be Temporarily Discontinued If

question 81

Multiple Choice

A product line should be temporarily discontinued if

• A)it is operating at a loss.
• B)it is failing to produce the desired profit.
• C)the relevant costs saved exceed the relevant revenue lost
• D)dropping the product line will adversely affect remaining workers.

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Definitions:

Career Consolidation

A stage that is entered between the ages of 20 and 40, when young adults become centered on their careers.

George Vaillant

A psychiatrist known for his research on aging and adult development, particularly for his work on the Grant Study, a longitudinal study of men's lives.

Realistic Period

The third stage of Ginzberg’s theory, which occurs in early adulthood, when people begin to explore specific career options, then narrow their choices and make a commitment.

Fantasy Period

According to Ginzberg, the period, lasting until about age 11, when career choices are made, and discarded, without regard to skills, abilities, or available job opportunities.