Question

Product deletion

a) tends to be an easy task for most organizations.
b) may be opposed by management.
c) involves immediate termination.
d) is a matter of indifference to customers.
e) usually occurs only with convenience items.

Answer 1

Product deletion may be opposed by management due to the challenges it presents, and business failures can arise from various causes, but are considered necessary for a dynamic market-oriented system.

Step-by-step explanation:

Product deletion, which refers to the process of a company discontinuing a product, may be opposed by management because it can be a challenging and complex decision. The complexity arises due to many factors, including potential resistance from those who have vested interests in the product, impact on the brand's image, and the need to manage customer and stakeholder expectations. Business failures can occur for a variety of reasons, such as poor management, unproductive workers, or tough competition leading to shifts in market demand and supply that adversely affect profitability. As businesses operate within the broader economic system, these failures, while difficult for the individuals involved, can sometimes be considered necessary to maintain a dynamic, market-oriented system.