Final answer:
Cord prolapse should be managed by elevating the presenting part off the cord and immediate intervention is necessary to ensure the well-being of the baby.
Step-by-step explanation:
Cord prolapse is a serious obstetric emergency that occurs when the umbilical cord slips through the cervix and into the birth canal ahead of the baby. It can compress the cord, cutting off the baby's oxygen supply. Cord prolapse should be managed by elevating the presenting part off the cord to relieve the pressure and improve blood flow. This can be done by putting the mother in a knee-to-chest or Trendelenburg position. Additionally, immediate intervention is necessary, such as emergency cesarean delivery, to ensure the well-being of the baby.