Question

The most probable time to pursue a harvest strategy is in a situation of

Answer 1

Answer:

♡ HEYA MATE♡

WHEN THE CROPS GET MATURE........

MARK AS BRAINLIEST......❤

Answer 2

Answer:

• A deliberate decision to reduce all types of expenditure on a specific product (usually in the decline stage of its life cycle) in order to maximise profit from it, even if doing so causes it to lose market share is called as harvesting strategy
• A harvest strategy entails cutting back on spending on a well-known product in order to maximise profits.
• Harvest strategies are typically used on obsolete products, with profits reinvested in newer models or newer technologies.
• Harvest strategies are strategies used by venture capitalists to exit successful investments.
• Harvest strategy is most likely to be implemented when the market life cycle shortens.
• Harvesting strategy is used in the decline stage of the industry life cycle; with this strategy, maximum profits are obtained while costs are quickly recovered.

#SPJ3