Companies need to pay attention to their aging products.Management should regularly review sales,market shares,costs,and profit trends,and then decide whether to maintain,harvest,or drop these declining products.

Question

Quizplus · Accepted Answer

It is important for companies to regularly assess the performance of their aging products and decide whether to keep, reduce investment in or drop them based on sales, market share, costs, and profit trends.

Companies Need to Pay Attention to Their Aging Products