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10 May, 12:31

Music CDs and newspaper sales have been falling as users turn to the Internet for their music and news. Which of the following is NOT a strategy for companies in these declining industries? a. Leadership b. Chaining c. Niche d. Divestment e. Harvest

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  1. 10 May, 15:28
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    Chaining is not a strategy for companies in declining industries.

    The correct answer is B

    Explanation:

    Leadership is a strategy of maintaining a large market share in the industry.

    Chaining is the strategy of sub-dividing the business into smaller components and then integrate the components later to form a complex business. Chaining is not a strategy for companies in declining industries.

    Niche is the creation of unique product features in order to satisfy the customers.

    Divestment is the process of selling off the business in the industry.

    Harvest is the reduction in spending on the business.
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Home » Business » Music CDs and newspaper sales have been falling as users turn to the Internet for their music and news. Which of the following is NOT a strategy for companies in these declining industries? a. Leadership b. Chaining c. Niche d. Divestment e. Harvest
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