Question: A phase out approach can be best described as _______________ allowing the product to decline without a change in the marketing strategy. exploiting any strengths

A phase out approach can be best described as _______________

allowing the product to decline without a change in the marketing strategy.

exploiting any strengths left in the product.

immediately dropping the product from the product mix.

intensifying marketing efforts in core markets.

stopping production to get rid of material surplus.

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