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

Question

Quizplus · Accepted Answer

When a product is declining, a company has three main options: divest it completely, harvest it by cutting costs and reducing investment, or license it to another company. Therefore, option C is the best choice as it lists all three options. Options A and D only list two options, while option E includes "pioneer," which is not a relevant option for a declining product. Option B only includes two options, and one of them ("divest or harvest") is not a complete list of all possible options.

Which of the Following Best Represents the Options a Company