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About: Managed decline     Goto   Sponge   NotDistinct   Permalink

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Managed decline is a phrase that refers to the management of the decline (or "sunset") phase at the end of a lifecycle, with the goal of minimizing costs or other forms of losses and harm. The concept originated in business where it referred to the management of companies and industries, but has since spread beyond to be used in other contexts. Decline can be managed through multiple means, including public or industrial policy efforts such as government provision of retraining.