In the declining market the company may adopt strategy of harvesting, divesting and __________ .
None of the given options completes the usual set of strategies for a declining product market. Maintaining the product, harvesting it and divesting it are recognised…
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In the declining market the company may adopt strategy of harvesting, divesting and __________ .
Answer and explanation
Correct answer D
None of the given options completes the usual set of strategies for a declining product market. Maintaining the product, harvesting it and divesting it are recognised alternatives; increasing production or eliminating a good product is not the missing strategy.
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Madhya Pradesh SET (MP SET)