Background/history What is a conflict diamond? Diamonds from peace countries which are most likely third world countries‚ are controlled by the government. Its industry monitors the imports to avoid conflict diamonds to be imported to their country (Natural Resources Canada: The Canadian Diamond Industry). Diamonds that are imported from conflict countries are called blood diamond or conflict diamonds because they are retrieved from war zone and traded in the black market to fund rebel fighters
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Bibliography: Mintzberg‚ H.‚ Ahlstrand‚ B. and J. Lampel‚ Strategy Safari: Your Complete Guide through the Wilds of Strategic Management (2nd ed.) (Harlow‚ UK: Pearson Education Limited‚ 2009) Articles Gupta‚ S.‚ Polonsky‚ M.‚ Woodside‚ A Read‚ G.H. and A.J.A. Janse‚ Diamonds: Exploration‚ Mines and Marketing. Lithos
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DE BEERS – DIAMONDS ARE FOREVER As the world’s leading diamond company for more than a century‚ the De Beers name is synonymous with diamonds. Since 1888‚ it has been connecting people around the world with one of the earth’s natural treasures‚ helping to create countless memorable moments. Approach High tech x-ray machines uncover diamonds With geographically diverse world-class mining assets‚ it have the largest diamond resource and reserve
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Case De Beers Strategy 2011-2012 Martijn Hartog 308693 Question 1: What functions does the CSO perform as a global intermediary? How do these functions help expend the economic pie in the diamond industry? The CSO operates as preferred (primary) buyer of rough diamonds all over the world. These rights are contracted with countries and mines for a period of five years. This in order to dominate to dominate and regulate the world rough diamond industry. This by adjusting the amount of supply flowing
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In “Diamonds are Forever in Botswana”‚ we are introduced to how the company‚ De Beers‚ made a profitable business in the country of Botswana‚ while contributing great benefits to the country through many aspects. The company’s business consists of overseeing the mining of diamonds and then selling them throughout the rest of the world. Even though De Beers is the dominant force in Botswana‚ they approached their venture in the country by having an equal relationship with the government split down
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discretion as to what diamonds to sell‚ to whom and when. The division of the economic pie depended on the arrangements the CSO made with its counterpart and was mostly based on the quality of the output. 3. Should De Beers pull the plug on the CSO’s stock lining strategy? Depending on your answer‚ what specific actions would you recommend? 1. What function does the CSO perform as a global intermediary? How do these functions help expand the economic pie in the diamond industry? CSO stands
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Diamond Industry. De Beers. In the beginning of 1870s‚ the Afrikaner brothers‚ J. N. de Beer and D. A. de Beer discovered diamonds on their farm and unable to deal with the effort of protecting the farm from the diamond seekers‚ they sold the land to the diamond traders. Today‚ the name De Beers represents the world’s largest diamond company‚ which has a presence in 25 countries. The powerful and productive epoch of diamonds began with the establishment of this company. Who knows what role a
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Short Term ▪ To win the support and full cooperation of Joey de Belen’s subordinates‚ as well as his co-supervisor ▪ To create a well structured tasks to address the problem on overlapping responsibilities Long Term ▪ To have an effective way of handling operational and administrative problems on Joey de Belen’s area of responsibility (i.e. the Cold Storage Depot) AREAS OF CONSIDERATION: ▪ The situation that led Joey de Belen to his current position (based on the contingency theory of
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Cited: Strategic review In our previous year’s report (2006)‚ we outlined the objectives for a comprehensive strategic review for Namdeb land operations‚ which we believe will deliver a turn-around strategy through project Sida Ei !gûs continued (compared to 0‚35 in 2006)
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De Beers- An Ethical Idealism “At De Beers there has always been a clear recognition that‚ while our primary purpose as a business shapes what it is that we do‚ it is how we work that defines who we are.” -Nicky Oppenheimer Executive Chairman‚ De Beers Introduction For generations‚ diamonds have been marketed as tokens of power and love. For some however‚ diamonds have a more utilitarian appeal. Easily concealed‚ immensely valuable and largely untraceable‚ stones from rebel-held mines have
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