The spiral of cutting back on costs, leading to less business, leading to more cost cuts is known as the product death spiral.

Name: The spiral of cutting back on costs, leading to less business, leading to more cost cuts is known as the product death spiral.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The product death spiral refers to a cycle where cost-cutting measures lead to reduced product quality or availability, resulting in decreased sales and further cost reductions, ultimately harming the business.

The Spiral of Cutting Back on Costs, Leading to Less