TYPES OF CORPORATE DIVERSIFICATION When a firm chooses to diversify‚ it faces a decision as to how related the new business(es) is(are) to the existing businesses of the firm. When Charles Bluhdorn was CEO of a company called Gulf+Western in the 1950s‚ he diversified into a host of industries: motion pictures (Paramount Pictures‚ the makers of The Godfather‚ Chinatown‚ and other movies)‚ clothing‚ cigars‚ zinc mines‚ auto parts‚ and sugar‚ among others! In contrast‚ a company such as Cooper
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Deltas are landform comprised of sediments (sand‚ clay‚ silt‚ gravel) found at the mouth of the river‚ where the river enters a standing body of water (lake‚ pond‚ reservoir‚ or ocean). Herodotus‚ a Greek Historian‚ considered by many as the “Father of History”‚ studied this great geologic feature. He is credited with coining the term “delta” for this is type of landform because of its triangular shape reminded him of the Greek letter Δ (delta). Delta Formation Delta forms when river carrying
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Introduction Delta Air Lines‚ Inc. (Delta) is an air carrier that provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company offered customers service to destinations with Delta and Delta Connection carrier service to 321 destinations in 58 countries in January 2008. To Latin America and the Caribbean‚ Delta offered more than 500 weekly flights to 63 destinations in January 2008. It is a founding member of SkyTeam‚ a global airline alliance
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Satisfaction Levels between Southwest Airline Customers and Delta Airline Customers Executive Summary Success for commercial airline companies is determined by their profit and their profitability is increased by making the most of satisfying their customers and retaining loyalty. Survey results in 2007 indicated that “airlines have work to do to improving customer satisfaction‚” (AP‚ 2007). Delta Airlines ranked among the lowest and Southwest Airlines ranked among the highest in the survey
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STRATEGY & TRANSFORMATION FINAL ESSAY Topic: When A Company Likely To Choose Related Diversification and When Is It Likely To Choose Unrelated Diversification? Introduction First of all‚ “corporate strategy is what makes the corporate whole add up to more than the sum of its business unit parts” (Porter‚ M. E.‚ 1987 cited in Mintzberg et al 2003‚ p.451). In this regard‚ corporate-level strategy is concerned with two related issues; “first one is what businesses a corporation should compete
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consistency‚ accountability‚ our financial health‚ if you will‚ and our risk taking. In terms of culture‚ our people are Delta. I know it’s cliché and we say it a lot‚ but everything we do is because of the people we have. The people are the productivity that we have. Our financial success is because of our people. Our customer service‚ which drives our financial success. Our operational reliability. Everything we are as an airline is because of our people. It’s kind of the linchpin to our whole organization
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“Keep Climbing‚ Delta.” Executive Summary: How does the price of crude oil affect an airline’s profits? How can Delta respond to possible loss of profits from fluctuating oil prices? The airline mergers and consolidations over the past decade have shifted competitive focus from increasing market share to obtaining and preserving profitability. One expense over which airlines have little control is the price of oil. The volatility of its price is partially due to geopolitical uncertainty
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NAME OF HEURISTIC: Naïve Diversification | Definition | In terms of finance‚ it means to invest in a variety of asserts in order to reduce risk. This is an example of heuristic choice. | 1. Experimental example ORExample of how we use this heuristic in everyday life | Experiment is conducted onHalloween night. The “subjects” in the experiment were young trick-or-treaters. (a) sequential choice: In one condition the children approached two adjacent houses and were offered a choice between two
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Markowitz attacks hedge fund diversification claims Author: Kris Devasabai Source: Risk magazine | 26 Feb 2014 Nobel prize winner Harry Markowitz says alternative investments may not deliver the diversification benefits sought by investors Harry Markowitz‚ one of the pioneers of modern portfolio theory and 1990 Nobel prize winner‚ has claimed alternative investments such as hedge funds rarely offer the diversification benefits sought by their investors. "The people selling these products
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Diversification in this case (agricultural diversification) involves the realocation of a‚ or some of a farms resources‚ to a new product or products. The prime resource of that time being sugar and the new products being the wide variety of crops that were produced and re-introduced by peasants. Peasants are a class of people of a lower status‚ who depends on agricultural labour for subsistence. The peasant life could be placed and termed in different categories. According to Mintz 1961‚" a peasant
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