Proctor and Gamble announced that it would sell off or close down up to 100 of its brands. This is an example of which turnaround strategy used by successful companies?

A. global expansion
B. piecemeal productivity improvements
C. asset and cost surgery
D. selective product and market pruning


Answer: D

Business

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Sharing activities across business units can provide two primary benefits: cost savings and revenue enhancements.

Answer the following statement true (T) or false (F)

Business

After losing her watch, Jennifer had put up a reward offer in the local newspaper for anyone who could find and return her watch. However, after two weeks she decides to buy a new watch and not pay the reward anymore

Betty, who found the watch and saw the reward offer, returns the watch to Jennifer after 20 days. Which of the following would be true about Betty receiving or not receiving the reward? A) Betty will not receive the reward as Jennifer had already revoked it. B) Betty will not receive the reward as Jennifer had stopped publishing the reward offer. C) Betty cannot claim the reward because she had not performed all the requested acts. D) Betty can claim the reward because Jennifer had not published a notice of revocation.

Business

A number of states have enacted legislation providing that loan commitments must be in writing to be enforceable

a. True b. False Indicate whether the statement is true or false

Business

Answer the following two questions. Assume that the portfolio weights are positive:

(1 ) Can the return on a portfolio ever be less than the smallest return on an individual security in the portfolio? (2 ) Can the risk (variance) of a portfolio ever be less than the smallest risk (variance) of an individual security in the portfolio? A) No. Yes. B) No. No. C) Yes. No. D) Yes. Yes.

Business