Products in the decline stage often consume a large share of management time and financial resources relative to their potential worth.

Name: Products in the decline stage often consume a large share of management time and financial resources relative to their potential worth.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

This is true because products in the decline stage typically have decreasing sales and profits, and require more attention and resources to maintain them, which can be disproportionate to their remaining market value.

Products in the Decline Stage Often Consume a Large Share