SMT 3

Question 7 5/ 5 points Firms in a declining industry that engage in a long, systematic phased withdrawal from the industry, extracting as much value as possible during the withdrawal period, are following a(n) strategy. a) niche b) expansion c) divestment ® " d) harvest Question 8 5/ 5 points ___________ is/are the distribution of individuals in a society in terms of age, sex, marital status, income, ethnicity, and other personal attributes that may determine buying patterns. ' a) Demographics b) Economics c) Technological trends d) Culture