A harvest strategy requires the company to halt all new investments in capital equipment, advertising, research and development, and other activities that require cash flow.

Question

Quizplus · Accepted Answer

A harvest strategy is a business strategy that involves reducing or suspending investments in new capital equipment, advertising, research and development, and other activities that require cash flow. The goal of the strategy is to maximize the cash flow from existing products, services, or businesses, rather than investing in new opportunities. Therefore, the statement is true.

A Harvest Strategy Requires the Company to Halt All New