Which Statement Is True About Products in the Decline Stage

Multiple Choice

Which statement is true about products in the decline stage of the product life cycle?

A) Brand managers should phase-out this product as quickly as possible.
B) A declining product may still be profitable for some time and it might be more appropriate to phase-out this product gradually.
C) Customers will always abandon the declining product immediately if an alternative is available.
D) Phasing-out a product at this time is fairly easy and this strategy will cut future losses.
E) None of the above statements are true.