A Run-Out Approach of Product Deletion

Multiple Choice

A run-out approach of product deletion:

A) lets the product decline without changing the product strategy.
B) is an immediate-drop decision.
C) exploits any strengths left in the product.
D) raises the price of the product continually to secure as much profit as possible before the product is priced out of the market.
E) occurs when production cannot keep pace with demand because of material shortages.