When a company decides to maintain a product in the decline stage,it has no alternative but to sell the product to another firm or simply liquidate it at salvage value.

Question

Quizplus · Accepted Answer

While it may be tempting to sell or liquidate a product in the decline stage, companies can also consider restructuring or repositioning the product to try and prolong its life cycle. It's not always necessary to dispose of a product in this stage.

When a Company Decides to Maintain a Product in the Decline