Music CDs and Newspaper Sales Have Been Falling as Users

question 58

Multiple Choice

Music CDs and newspaper sales have been falling as users turn to the Internet for their music and news. Which of the following is NOT a strategy for companies in these declining industries?

• A) Leadership
• B) Chaining
• C) Niche
• D) Divestment
• E) Harvest

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Definitions:

Oil

A natural resource used predominantly as a fuel source and in the production of various chemicals and materials.

Elephant Preservation

The conservation efforts aimed at protecting elephants and their habitats, ensuring their survival against threats such as poaching and habitat destruction.

Property Rights

Legal rights to use, control, and derive benefits from a resource, asset, or property, including the right to exclude others from using it.

Demographic Transition

A model that describes the transformation of a society from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.