Conditions of demand help determine the strategic attractiveness of declining product markets.

Question

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Conditions of demand, such as changes in consumer preferences or purchasing power, can impact the demand for a product in a declining market. Understanding these conditions can help a company determine whether it is worth investing in the market or if it is better to exit the market altogether. Therefore, conditions of demand can help determine the strategic attractiveness of declining product markets.

Conditions of Demand Help Determine the Strategic Attractiveness of Declining