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  3. Study Set
    Strategic Management Study Set 2
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    Exam 5: Business-Level Strategy: Creating Andsustaining Competitive Advantages
  5. Question
    During the Decline Stage of the Industry Life Cycle,__________ Refers
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During the Decline Stage of the Industry Life Cycle,__________ Refers

Question 27

Question 27

Multiple Choice

During the decline stage of the industry life cycle,__________ refers to obtaining as much profit as possible and requires that costs be decreased quickly.


A) maintaining
B) exiting
C) harvesting
D) consolidating

Correct Answer:

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