Why would a firm want to utilize a leadership strategy in a declining industry? It sees a steep decline and intense future competition. It sees that competition in the industry is likely to be intense. It can still capture market share. It has a unique strength in the industry. Why does a harvesting strategy inevitably result in the loss of market share? The firm is no longer investing in the business. Competition becomes intense. Profits immediately decline. There are few strengths left to market. Why is a divestment strategy difficult to accomplish successfully? Market share declines rapidly. Customers realize what the company is doing and will defect. Success depends on the ability to spot incustry decline before other firms. Employee morale suffers, making the option less appealing