To Handle Products in the Decline Stage of the Product

question 16

Multiple Choice

To handle products in the decline stage of the product life cycle, companies often use either a ________ strategy or a ________ strategy.

• A) divesting; harvesting
• B) diversification; contraction
• C) deletion; harvesting
• D) deletion; diversification
• E) building; divesting

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Definitions:

Positive Deviants

Individuals or groups who deviate from the norm in ways that have beneficial effects or contribute positively to society.

Intellectual

An intellectual is an individual who engages in critical thinking, research, and reflection about society and proposes solutions for its normative problems.

Genius

Exceptional intellectual or creative power or other natural ability, often resulting in remarkable achievements or discoveries.

Intrinsically Real

Pertaining to the inherent or essential nature of something, being genuine and not dependent on external factors or perceptions.