Phase-out is the ideal way of removing a product from the market.

Name: Phase-out is the ideal way of removing a product from the market.
Brand: Quizplus
Rating: 4.7 (49 reviews)

Question

Quizplus · Accepted Answer

Phase-out involves a gradual reduction in the production and availability of a product, allowing consumers and the market to adjust and shift to alternative products or solutions. This is often considered a more sustainable and responsible approach compared to sudden discontinuation or disposal of the product.

Phase-Out Is the Ideal Way of Removing a Product from the Market