Electronics Pro is a company that manufactures CD drives for laptop computers which are sold to major computer producers. Electronics Pro realizes that CD drives are most likely in the decline stage of the product life cycle. Which of the following steps can the company take with regard to its CD drive product?
A) Reintroduce the product
B) Increase product promotion
C) Attempt to postpone the decline
D) Reinvest in the brand
E) Phase out the product
Correct Answer:
Verified
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