Question: TechnoGadgets Inc., a consumer electronics company, has decided to implement a milk or harvest strategy for its aging line of MP 3 players. Which of
TechnoGadgets Inc., a consumer electronics company, has decided to implement a milk or harvest strategy for its aging line of MP players. Which of the following actions would be most consistent with this strategy?
Question options:
Expanding the MP player product line to target new market segments
Minimizing production costs and reducing inventory while maintaining sales
Investing in research and development to improve MP player features
Increasing marketing expenditure to boost sales of MP player
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