What is a harvest strategy?
What will be an ideal response?
In a harvest strategy, which is usually employed in a declining industry, the firm engages in a long, systematic withdrawal, extracting as much value as possible during the withdrawal period. This can work if there is some value to harvest.
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Worldwide investments in mutual funds have grown at a rate faster than in the United States over the last decade.
a. true b. false
Which is NOT true regarding differences between goods and services?
A) Tangible goods are generally produced and consumed simultaneously; services are not. B) Most goods are common to many customers; services are often unique to the final customer. C) Services tend to have a more inconsistent product definition than goods. D) Services tend to have higher customer interaction than goods. E) None, i.e., all of the above are true.