What Are the Two Product Strategies in the Decline Stage

question 73

Short Answer

What are the two product strategies in the decline stage of the PLC?

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Definitions:

American Medical Association

The American Medical Association (AMA) is a professional group that represents the interests of physicians and health professionals in the United States and aims to improve public health policies.

Legitimizes

The process of making something acceptable, valid, or justified according to established rules, standards, or beliefs.

Sick Role

A sociological concept describing the expectations placed on an individual who is ill, including how to behave and how they are supposed to be treated by others.

Employer

An individual or entity that hires and pays people to perform jobs or services.