Setting an objective of gradual share decline with minimal investment to maximize short-run profits is known as:

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The objective of gradual share decline with minimal investment to maximize short-run profits is known as harvesting. In this strategy, the company reduces its investment in marketing and promotion to maintain its market share and maximize profits. This is usually done when the product has reached its peak stage in its lifecycle, and the company wants to extract the maximum profits before phasing out the product.

Setting an Objective of Gradual Share Decline with Minimal Investment