Answer:
A) Prepare for the time when the product must be phased out.
Explanation:
The maturity stage of any product id when the product has gained great market penetration. At this stage the product is neither in the growth nor decline stage
There are four stages of a product lifecycle:
Introduction
Growth
Maturity
Decline.
At the maturity stage, the product prepares for the decline stage when the product will be phased out.
Answer:C. strategy formulation; implementation; control
Explanation:
Strategic management is the management of an organization’s resources to achieve its goals and objectives. Strategic management involves setting objectives, analyzing the competitive environment, analyzing the internal organization, evaluating strategies, and ensuring that management rolls out the strategies across the organization.
The processes of good strategic management includes strategic formulation, implementation, control
Strategic formulation------This is the first stage in strategic management where an organization’s mission, objectives, and strategies are formed and set. it is necessary for the organization to start this stage with very good note because this formulation stage take organisations to where they want it to be ,
Strategic implementation----this is the the second stage of strategic management that solves the question of how activities will be carried out to ensure productivity. it involves where every action needed for productivity is implemented by imputing all organisation resources. A good implementation will ensure that the companies goals and objectives are achieved
Strategic Control is the last step which focuses on monitoring, evaluation and checking that all steps of the strategy management process are in directed steps, compatible with the organisation system and functional.
Answer: for discrimination
true answered by ilovegaming
