Question: Question 2 0 ( 2 points ) Which statement about products in the sales decline stage of the product life cycle is true? Brand managers

Question 20(2 points)
Which statement about products in the sales decline stage of the product life cycle is true?
Brand managers should phase out this product as quickly as possible.
A declining product may still be profitable for some time and it might be more appropriate to phase out this product gradually.
Customers will always abandon the declining product immediately if an alternative is available.
Phasing out a product at this time is fairly easy, and this strategy will cut future losses.
None of these statements is true.
Question 2 0 ( 2 points ) Which statement about

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