Which of the following best represents the options a company has when a product is declining?
A)maintain, reposition, harvest or drop the product
B)harvest or drop the product
C)maintain, harvest, or drop the product
D)maintain or pioneer the product
E)pioneer, harvest, or maintain the product

Question

Quizplus · Accepted Answer

When a product is declining, a company can choose to maintain it, reposition it in the market, harvest it for as long as it continues to generate some profit, or drop it entirely. Only option A lists all of these possible alternatives. Option B only includes harvest or drop, which does not reflect all possible strategic choices. Option C includes maintain and harvest, but it leaves out the option of repositioning. Option D only includes maintain and pioneer, leaving out the other possible alternatives. Option E includes pioneer and maintain, but not all products are suited for pioneering, and it leaves out the option of harvesting or dropping the product.

Which of the Following Best Represents the Options a Company