The Third Prong of Prestige's Corporate Strategy Involves Periodically Reassessing

question 69

Multiple Choice

The third prong of Prestige's corporate strategy involves periodically reassessing which brands are the best long term from a portfolio standpoint and then adjusting the portfolio accordingly.Peter Drucker gave this a name.What is it?

• A)product demixing
• B)product line attrition
• C)organized abandonment
• D)periodic audit
• E)organized delisting

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Definitions:

Market Buy Order

An order to purchase a security immediately at the best available current price.

Last Trade

The most recent transaction that occurred for a specific security on a trading platform.

Limit Order Book

A record of all the open buy and sell orders for a particular security at various prices.

Russell 2000 Index

An equity index measuring the performance of the 2,000 smallest companies in the Russell 3000 Index, commonly used as a benchmark for small-cap U.S. stocks.