Which of the following is NOT a reason that a firm might want to abandon products or markets?
A)The market environment has changed,making a product less profitable.
B)The firm has entered areas in which it does not have expertise.
C)The economic climate is showing signs of recovery.
D)The firm has grown too fast.
E)The firm has not properly researched foreign markets which it has entered.

Question

Quizplus · Accepted Answer

The economic climate showing signs of recovery is not a reason for a firm to abandon products or markets. The other options are potential reasons for a firm to discontinue involvement in certain markets or products.

Which of the Following Is NOT a Reason That a Firm