Ask Question
BusinessBusiness
14 December, 23:05

Kimberly-Clark has seen one of its product lines decline over the years. The company decides the product is taking up too much resources, and it would be better to withdraw all marketing support for the product. This strategy is known as:

+2
Answers (1)
  1. 14 December, 23:29
    0
    Divesting

    Explanation:

    Divesting, in business, is the act of cutting down the size of the operation of a company, selling off some of its subsidiaries or eliminating a part of its business in order to enable efficiency and maximization of profit in the face of a shortfall in meeting its social or financial goals.

    The strategy employed by Kimberly-Clark can be referred to as a divestment strategy as Kimberly-Clark withdraws all marketing support for the product since its financial goals are not being met. Instead of investing more money in the marketing support of the product, Kimberly-Clark thought it wise to divest by withdrawing marketing support for the product.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Kimberly-Clark has seen one of its product lines decline over the years. The company decides the product is taking up too much resources, ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
After reading the report released by the National Foundation for Infectious Diseases, you find it hard to believe that only 46% of college students get the flu vaccine, after all, the colleges and universities are constantly offering incentives such
Answers (1)
To find all mentions of your competitor's branded hashtag within a given radius of a store you've opened up in a new city, you should: set up a geo-search stream, filtered by competitor's twitter handle and the city in which your your new store is
Answers (1)
Tools can be used safely for jobs that they were not designed to do. True or False
Answers (2)
Suppose that a worker in Freedonia can produce either 6 units of corn or 2 units of wheat per year, and a worker in Sylvania can produce either 2 units of corn or 6 units of wheat per year. Each nation has 10 workers.
Answers (1)
Identify the force preventing u. s. professionals from extending their practices on the web.
Answers (1)
New Questions in Business
The culture of UPS places service to the customer among the company's highest business objectives, which is reflected in their use of information systems to enable customer tracking of their packages.
Answers (1)
Employers bond employees who handle cash receipts because fidelity bonds reduce the possibility of employing dishonest individuals and Deter dishonesty by making employees aware that insurance companies may investigate and prosecute dishonest acts.
Answers (1)
1. A complaint of sexual harassment by a part-time worker in a hardware business was upheld when the Tribunal found that the employer had failed to take sufficient action in relation to the employee's report of inappropriate behaviour.
Answers (1)
Suppose that the government sets a price floor for milk that is above the competitive equilibrium price With the price floor, consumers are willing to purchase the quantity indicated where the price floor intersects the With the price floor, the
Answers (1)
Choose the best revision of the previous sentence. Because many executives have access to company jets boards of directors have a responsibility to ensure that shareholders are not footing the bill for personal travel.
Answers (1)
Home » Business » Kimberly-Clark has seen one of its product lines decline over the years. The company decides the product is taking up too much resources, and it would be better to withdraw all marketing support for the product. This strategy is known as:
Sign Up Forgot Password?