To handle products in the decline stage of the product life cycle, companies often use either a strategy or a

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Aneli [31]

1 year ago

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To handle products in the decline stage of the product life cycle, companies often use either a strategy or a

strategy.

Business

1 answer:

quester [9] · Answer 1 · 2024-09-22T11:40:53+03:00

To handle products in the decline stage of the product life cycle, companies often use either a <u>divesting </u>strategy or a <u>harvesting </u>strategy.

The rate of decline is governed by means of two factors: the charge of alternate customer tastes and the fee at which new products are input into the market. Sony VCRs is an instance of a product within the decline degree. The call for VCRs has now been surpassed through the demand for DVDs and online streaming of content material.

Decline techniques are also known as protective techniques and are pursued when a business enterprise finds itself in an inclined position as a result of negative management, inefficiency, and ineffectiveness.

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To handle products in the decline stage of the product life cycle, companies often use either a ________ strategy or a ________

To handle products in the decline stage of the product life cycle, companies often use either a strategy or a