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

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Prestige practices what management sage Peter Drucker calls "organized abandonment," which is based upon a periodic audit of all goods and services that a firm markets and eliminating the poorer performers from the product mix.

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