According to Campbell, Goold, and Alexander in their parenting-fit matrix when parent companies create more value than any of their rivals would if they owned the same businesses, they have

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The term "parenting advantage" is specifically used in the parenting-fit matrix, described by Campbell, Goold, and Alexander, to indicate the situation where the parent company creates more value than any of its rivals would if they owned the same businesses. This indicates that the correct answer is B, parenting advantage. The other answer choices are either unrelated (e.g. portfolio analysis) or not directly described in the parenting-fit matrix (e.g. multi-point competition).

According to Campbell, Goold, and Alexander in Their Parenting-Fit Matrix