Corporate Restructuring is the corporate management term for the act of reorganizing the legal‚ ownership‚ operational‚ or other structures of a company for the purpose of making it more profitable‚ or better organized for its present needs. Alternate reasons for restructuring include a change of ownership or ownership structure‚ demerger‚ or a response to a crisis such as positioning the company to be more competitive‚ survive a currently adverse economic climate‚ or poise the corporation to move
Premium Management Corporation
GROUP I. TIME CONTEXT There was no mention regarding the specific time context on both cases but the time context can be assumed to have occurred during the 1990s. The company has a diversified operation and it was during that period where diversification ‚ acquisition and mergers prevalently took place. II. VIEW POINT Frances Rampar‚ President of Rampar Associated‚ a management consultant‚ who conducted a management survey into the problems facing the Wallace Group. Her task is to develop
Premium Management Corporate governance Corporation
KENYATTA UNIVERSITY SCHOOL OF BUSINESS DEPARTMENT OF BUSINESS ADMINISTRATION UNIT NAME: STRATEGIC SEMINAR UNIT CODE: BBA 862 TASK: COMPETITIVE ADVANTAGE IN DEVERSIFICATION LECTURER: MWANZIA NAMES REG. NO. JUMA JOHN OLAMBO D53/MSA/PT/24807/2013 "This paper is submitted in the partial fulfillment of Masters in Business Administration requirements of Kenyatta University for the academic year 2013/2014" COMPETITIVE ADVANTAGE IN DEVERSIFICATION; COMPANIES
Premium Strategic management Business
Case Study Technologies had an “ACE in its Pocket” United Technologies Corporation (UTC)‚ based in Hartford‚ Connecticut‚ is a conglomerate‚ a company that owns a wide variety of other companies that operate in different businesses and industries. Some of the companies in the UTC portfolio are more well known than UTC itself‚ such as Sikorsky Aircraft Corporation: Pratt & Whitney‚ the aircraft engine and component maker; Otis Elevator Company; Carrier air conditioning; and Chubb‚ the security and
Premium United Technologies Corporation
How do businesses grow? The objectives‚ which a company wants to achieve‚ can be varied. They can range from sales revenue maximization‚ increasing market share to growth. Growth is one of the most common and sought after corporate objectives because of its relative advantages. This is so because many perks come with the expansion of a business‚ which appease almost everyone. When a company grows it achieves economies of scale‚ it increases its market shares and thus wipes out competition
Premium Marketing
businesses? Diversification Strategy Diversification strategies are employed to develop a company’s operations by adding products‚ markets‚ production stages or services to the existing business. The aim of corporate diversification is to permit the business to participate in lines of business that are not the same as those in their current operations. Concentric diversification is descriptive of when the new business is strategically connected to the present lines of business. Conglomerate diversification
Premium Strategic management Stock market Marketing
Facilitator: Michelle Thong Learning Objectives After studying this topic you should be able to: • Explain what is meant by corporate strategy; • Assess the effectiveness of different growth strategies • Evaluate related and unrelated diversification strategies • Assess the use of portfolio analysis • Explain the role of corporate parenting in creating value • Discuss strategy evaluation. Corporate Level Strategy What is Corporate Strategy? Defines the scope of the different industries
Premium Strategic management
information During 1960s and 1990s‚ South Korea has experienced an incredible transformation to become a developed high-income economy. As it has achieved by focusing on developing large-scale industrial conglomerates refer to chaebols. These are large multinational family-controlled conglomerates‚ which have enjoyed strong government support. Literally speaking‚ the word of chaebols means “ business association”. During the president Park Chung Hee (1961-1979) greatly publicized the chaebol modle
Premium South Korea Chaebol Economic development
competitive position in the marketplace A concentration strategy focuses on a single business competing in a single industry A strategy of concentric diversification involves moving into new businesses that are related to the company’s original core business. In contrast to concentric diversification‚ conglomerate diversification is a corporate strategy that involves expansion into unrelated businesses. For example‚ General Electric Corporation has diversified from its original
Premium Strategic management Management Strategic planning
The evolution of the modern corporation: Coursework Assignment According to Bengt Holmstrom and Steven N. Kaplan in their article published in the Journal of Economic Perspectives‚ corporations during the 1980’s went through a period of merger‚ takeovers and restructuring activity. The use of leverage became a common practice as corporations financed takeovers and were made private by leveraged buyouts. These activities were characterized by the use of hostility and the emergence of raiders
Premium Corporation Corporate governance Management