Multiple Choice
Firms in a declining industry that engage in a long, systematic phased withdrawal from the industry, extracting as much value as possible during the withdrawal period, are following a(n) ________ strategy.
A) niche
B) expansion
C) divestment
D) harvest
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q87: Which of the following attributes makes suppliers
Q88: _ are resources required to successfully compete
Q89: Industries in which a large number of
Q90: A firm's supplier poses a greater threat
Q91: The threat of existing competition tends to
Q93: Buyers tend to have less power when<br>A)
Q94: Firms pursuing a harvest strategy in a
Q95: _ make a wide variety of raw
Q96: The threat of entry in an industry
Q97: Discuss the difference between a company's existing