A ________ strategy continues to raise prices slowly with expected decreases in volume until the business has exited the market.
A)diversify growth
B)harvest price
C)divest market
D)reduce-market-focus
E)monetize cash flow

Question

Quizplus · Accepted Answer

A harvest price strategy involves slowly raising prices with expected decreases in volume until the business exits the market. This allows the business to maximize profits in the short term while preparing for an eventual exit. The other options listed do not fit the description given.

A ________ Strategy Continues to Raise Prices Slowly with Expected