VF Corporation, maker of North Face and other popular $$lifestyle$$ apparel brands, has undergone almost continuous restructuring since $2000$ to provide its shareholders with returns that are far more attractive than shareholder returns for competing apparel makers. When VF Corporation$$s management was considering the divestiture of its workwear division in $2021$ in order to tighten its focus on outdoor and lifestyle brands, the following question was most likely asked:

Multiple Choice

$$If we were not in this business today, would we want to get into it now?$$

$$Will these three businesses pass the $$cost$-$of$-$exit$$ test?$$

$$Did we miss the opportunity to milk these cash cows?$$

$$Do we need to do the math to achieve $1+1=3$ outcomes from these diversified businesses?$$

$$Why couldn$$t we derive a parenting advantage with these businesses?$$