Which of the Following Observations Concerning a Phase-Out Strategy Is

question 214

Multiple Choice

Which of the following observations concerning a phase-out strategy is incorrect?

• A) If prospects are poor in a product-market, a phase-out strategy may be needed.
• B) Phasing out a product may involve some difficult implementation problems.
• C) Phase-out is also a strategy, and it must be market-oriented to cut losses.
• D) The need for phasing out becomes more obvious as the market maturity stage arrives.
• E) It is sometimes better to phase out products gradually.

Grasp the concept of voluntary assumption of risk and defenses in negligence.

Identify the special regulations and standards for different professions.

Understand the role and importance of evidence and defenses in legal claims.

Analyze the significance of landmark cases in the development of negligence law.

---

Definitions:

College Degrees

Certifications awarded by colleges and universities upon completion of a course of study, demonstrating academic achievement in a specific field.

Share

A unit of ownership in a corporation or financial asset that provides an equal distribution in any profits, in the form of dividends, and assets if the company is dissolved.

Operational Efficiency

The ability of an organization to minimize waste and maximize outputs from given inputs, often through improvements in processes and technology.

Residual Claimants

Individuals who personally receive the excess, if any, of revenues over costs. Residual claimants gain if the firm’s costs are reduced or revenues increase.