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Querist : Anonymous

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Querist : Anonymous (Querist)
23 June 2010 sir in as-24 there is one sentence which i didnt understood could u explain me.a sentence is "Discontinuing ,even if relatively abruptly,several products within an ongoing line of business".

Srikant (Expert)
23 June 2010 Say for example ITC.
ITC is running large no. of Business lines.
Suppose ITC choose to stop producing BINGO or say "Sunfeast" or say "Superia".
The above is an example of discontinuance, but the line of business is still open and running.
So the line is Discontinuing at relatively abruptly.
Hope u understand the example.
Please note ITC name is taken just for example.


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