A harvesting strategy can be used in all the following situations except:
A)when rivalry among remaining competitors is likely to be very intense
B)when the market's decline is inevitable
C)when the market's decline is likely to occur at a relatively slow and steady rate
D)when a firm has a strong competitive position in the market at the start of the decline

Question

Quizplus · Accepted Answer

A harvesting strategy is typically not suitable when rivalry among remaining competitors is likely to be very intense because it involves reducing investment in a product to extract maximum profits while the market declines, which can be difficult to achieve if competition remains fierce.

A Harvesting Strategy Can Be Used in All the Following