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Sholpan [36]
3 years ago
8

When a product reaches the decline stage of the product life cycle, a firm has two choices. One choice involves product deletion

—dropping it from a firm's product line. The other is called __________, which retains the product in the product line but reduces marketing costs.
a) decline maintenance
b) customer need maintenance
c) divestment
d) maturity re-development
e) harvesting
Business
1 answer:
damaskus [11]3 years ago
6 0

Answer: (E) Harvesting

Explanation:

 The harvesting is one of the type of marketing strategy that retain the goods and the services in the production line and also reduces the market cost or spending on the specific products.

The harvesting strategy is also known as the exist strategy in the market and the main objective of the harvesting strategy is that it maximize the product profits and also has the opportunity for trading in an organization for distributing the shares.

Therefore, Option (E) is correct.  

You might be interested in
A business will usually choose to produce a new product inan existing facility if the cost is less that the cost of building a n
coldgirl [10]

Answer:

E) existing factory has enough capacity to handle demand for the new products as well as the existing products.

Explanation:

If the existing factory doesn't have enough capacity to produce both the new product and existing ones, then if doesn't matter if the technology used is the same, or the new product is an extension of an existing product line, or existing human resources possess the abilities and knowledge required, or even if the product design is already complete or not.

If the factory's production capacity cannot handle the new product, then the company needs to expand the existing factory's production capacity or build a new facility.

4 0
3 years ago
Henrietta Marston plans to retire in the year 2050. She is considering a fund that will be more aggressive now and become more c
nadya68 [22]

Atnswer:

b. lifecycle fund

Explanation:

as from now to 2050 are still remaining 31 years, the money invested is able to go under different risk profiles, looking for getting the maximun return, the lifecycle fund is an excellent choice, it is because this kind of strategies changes according the risk of its costumer changes. it is expected to have during the first years a high exposition to risk such as equity or derivatives, and the more age of the costumer the lower risk profile, so the closer to 2050 the more expected investment into low risk assets, such as fixed income (this is made for having the less losses possible)

7 0
3 years ago
The third party which is authorized to make a final decision in a dispute is called the ______.
sesenic [268]
The third party which is authorized to make a final decision in a dispute is called the arbitrator.
7 0
4 years ago
Caitlin, Chris, and Molly are partners and share income and losses in a 3:4:3 ratio. The partnership’s capital balances are Cait
Nana76 [90]

Answer:

$94,080

Explanation:

Data provided in the question:

The partnership’s capital balances

Caitlin=  $128,000

Chris = $88,000

Molly = $108,000

Paul's equity = 20%

Amount invested by the Paul = $68,000

Now,

The total value of the capital = ∑ ( capital balances of each partner )

= $128,000 + $88,000 + $108,000 + $68,000

= $392,000

Therefore,

The balance in Paul's capital account immediately after Paul’s admission

= 20% of $392,000

= $78,400

Thus,

Balance in capital account for Caitlin, Chris, and Molly

= total value of the capital  - Balance in Paul's capital

= $392,000 - $78,400

= $313,600

also,

Share of Caitlin = \frac{3}{3+4+3} = 0.3

hence,

balance in Caitlin’s capital account immediately after Paul’s admission

= 0.3 × $313,600

= $94,080

4 0
3 years ago
After all of the account balances have been extended to the Income statement columns of the worksheet, the totals of the debit a
Masja [62]

Answer:

a. $7, 283 net income

Explanation:

The debits in an income statement represents the expenses while the credit entries represent the income. As such, given;

Total debits = $20,303

Total credits = $27,586

Net income/(loss) = $27,586 - $20,303

                             = $7,283

Since the total credit (income) is more than the total debit, the net of the two balances result in a net income.

The answer is a. $7, 283 net income.

8 0
3 years ago
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