PPR,the French retail and luxury goods group,announced plans to sell its Printemps department store chain.Through re-engineering,the company hopes to increase its profit margins,improve inventory turnover,and make itself more attractive to investors.What sort of advantage will PPR create by restructuring and selling off the department chain that does not complement its luxury product lines?

Question

Quizplus · Accepted Answer

Re-engineering is one of the methods of reducing costs to create a cost competitive advantage.

PPR,the French Retail and Luxury Goods Group,announced Plans to Sell