A harvest strategy is the best choice when a company wishes to get out of a declining industry and perhaps optimize cash flow in the process.

Question

Quizplus · Accepted Answer

A harvest strategy involves maximizing profits in the short term by reducing investment in the business and focusing on generating cash flow. This strategy can be effective when a company is operating in a declining industry and wants to extract as much value as possible before exiting. Therefore, the statement is true.

A Harvest Strategy Is the Best Choice When a Company