Business Studies, asked by iqbalnasir6194, 9 months ago

How to deal with declining sales; capacity management; operations?

Answers

Answered by Anonymous

0

Explanation:

How to Manage Operations in the Declining Phase

Adapt to decreasing demand. Demand for the product decreases during the decline phase. ...

Repurpose capacity. An important decision that you must make in this phase is if and when to exit the market. ...

Reduce inventory. ...

Make the most of lower pricing. ...

Consolidate the supply chain. ...

Increased sales as competitors exit.

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