Solved

When a Product Reaches the Decline Stage of the Product

Question 328

Multiple Choice

When a product reaches the decline stage of the product life cycle, a firm has two choices.One choice involves product deletion, where a product is dropped from a firm's product line.Another less drastic choice is to retain the product in the product line, but to reduce marketing costs.When this option called _________ is selected, advertising expenditures for the product are reduced, and salespeople do not devote their efforts to selling the product.


A) decline maintenance
B) paring down
C) divestment
D) maturity re-development
E) harvesting

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions