Multiple choice

Which of the following is not a strategy followed in the declining phase?

  1. Increasing firm's investment to strengthen competitive position<o:p></o:p>

  2. Dropping unprofitable customer groups and strengthening the firms investment in lucrative niches<o:p></o:p>

  3. Harvesting the firms investment<o:p></o:p>

  4. Divesting the business slowly<o:p></o:p>
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Divesting of business should be carried out fast if the following strategy is followed. Hence, it is the right answer.

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