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A large U.S. company operated in several businesses, including computers, disk drives, financial services, and defense satellites. Each division was self-contained. However, due to an economic downturn and changing market conditions, the company sold its noncore businesses of financial services and defense satellites in order to focus only on computer-related products. However, after making these sales, its costs were still high. What was the problem and how can it be resolved?
Implement
To put a plan, decision, or agreement into effect.
Marketing Dashboard
A data visualization tool that gathers and displays key performance indicators (KPIs), metrics, and other data points related to marketing activities, facilitating decision-making and strategy evaluation.
Cooperative Advertising
A cost-sharing arrangement between manufacturers and retailers or distributors to share the expense of advertising products.
Furniture Store Chains
Retail chains specializing in selling furniture and related home accessories, often operating multiple locations across regions.
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