The concept of "parenting advantage" is best summarized by the following statement:
A)Corporate managers should emulate the role and skills of good parents in disciplining their children
B)The primary criterion for a company's continued ownership of a business is its ability to add more value than any alternative corporate parent
C)The primary role of corporate management is to coach business management
D)The ultimate measure of success for a multibusiness company is to develop successful new businesses

Question

Quizplus · Accepted Answer

Parenting advantage refers to the advantage that a firm gains when it is a better parent to its businesses than any alternative corporate parent. This means that the primary criterion for a company's continued ownership of a business is its ability to add more value than any alternative corporate parent. Option B captures this concept accurately. Option A is incorrect as it talks about emulating the role of good parents in disciplining children which is not related to corporate parenting. Option C talks about coaching which is only one aspect of corporate parenting and not the primary role. Option D talks about developing successful new businesses which is one of the ways to create value for a multibusiness company but not the only measure of success.

The Concept of "Parenting Advantage" Is Best Summarized by the Following