Marketers seek to rid themselves of their cash cows because those products hold low market shares of low-growth markets.

Name: Marketers seek to rid themselves of their cash cows because those products hold low market shares of low-growth markets.
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Question

Quizplus · Accepted Answer

Marketers generally do not seek to rid themselves of cash cows because they are products with high market shares in low-growth markets that bring in significant profits. Instead, they focus on maintaining their cash cow products and maximizing their profits.

Marketers Seek to Rid Themselves of Their Cash Cows Because