एक बैंक कागजी पासबुक बचत खाता बंद करने का निर्णय लेता है और सभी ग्राहकों को डिजिटल-ओनली पासबुक पर स्थानांतरित कर देता है। यह उत्पाद जीवन चक्र (Product Life Cycle) के ह्रास चरण (Decline Stage) में लिया गया एक निर्णय है जो किसका एक रूप है?

A bank's Product Management team decides to discontinue offering a specific type of high-cost money transfer service after a new, highly-efficient digital payment system makes the old service obsolete. This action is taken in response to what stage of the former service's Product Life Cycle?

A bank's Product Management team decides to discontinue a rarely used, high-maintenance remittance service after a review showed its annual maintenance cost exceeded the generated fee-based income by 20% for three consecutive years. This strategic decision aligns with the strategy typically employed during which phase of the Product Life Cycle (PLC)?