List Three Questions Managers Should Consider When Deciding Whether to Drop

question 138

Essay

List three questions managers should consider when deciding whether to drop a product or a business segment.

---

Definitions:

Preparedness

The state of being readily equipped to handle anticipated situations or emergencies.

Conditioning

A form of learning in which an individual's response to certain stimuli is modified by reinforcement or punishment.

Drinking Water

Water that is safe and suitable for consumption by humans and animals.

Operant Conditioning

A teaching process in which the force of a response is influenced by either encouragement or disciplinary actions.