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      Question

      A decline in interest income due to intense competition

      during maturity stage can be offset by:
      A Product harvesting Correct Answer Incorrect Answer
      B Service differentiation Correct Answer Incorrect Answer
      C Market withdrawal Correct Answer Incorrect Answer
      D Eliminating promotion Correct Answer Incorrect Answer
      E Price wars Correct Answer Incorrect Answer

      Solution

      During maturity stage, differentiation through superior service helps sustain margins. ┬аWhy Other Options Are Incorrect тАв A: Applied in decline stage. тАв C: Exit strategy. тАв D: Reduces visibility. тАв E: Further reduces profit. ┬аBanking Example: Faster processing and personalized advisory to justify premium pricing.

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