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
Premium Peasant Agriculture Caribbean
Unrelated Diversification is a form of diversification when the business adds new or unrelated product lines and penetrates new markets. For example‚ if the shoe producer enters the business of clothing manufacturing. In this case there is no direct connection with the company´s existing business - this The unrelated diversification is based on the concept that any new business or company‚ which can be acquired under favorable financial conditions and has the potential for high revenues‚ is suitable
Premium Management Economics Financial services
proves the hypothesis of marketing: - Related diversification is a more successful strategy for growth among firms than unrelated diversification. It explains the concept of diversification‚ the rationale of diversification‚ types of diversification‚ diversification strategies‚ and dimensions of diversification. This paper analyses the given hypothesis using various examples and reaches a conclusion. Keywords Related‚ unrelated‚ diversifact‚ diversification‚ diversifame‚ diversifad‚ diversifriction
Premium Milk
Economic Diversification Name: Institution: Course: Tutor: Date: Introduction In Middle East‚ the Saudi Arabia telecom industry is the largest with over fifty million mobile phone subscribers. At the end of 2011‚ the mobile penetration was about 188% with the sector enjoying stable growth. Saudi Arabia is the world’s largest oil exporter with oil being its largest income earner. However‚ to avoid the overreliance on the oil sector‚ the government of Saudi
Premium United Arab Emirates Petroleum Saudi Arabia
Bibliography... 13 1. Executive Summary Microsoft is a computer business company. It is famous for software products are the Microsoft Windows line of operating systems‚ Microsoft Office suite‚ and Internet Explorer web browser. It is the world ’s largest software maker measured by revenues. Also Microsoft has a new development strategy in recent year which approaching to smart-phone industry. Microsoft built on the partnership with Nokia since 2011‚ and the significantly
Premium Windows Mobile Microsoft Smartphone
Amul’s Diversification Strategy: A Pizza for Rs 20! In early 2001‚ Gujarat Cooperative Milk Marketing Federation (GCMMF)1 planned to leverage its brand equity and distribution network to turn Amul2 into India’s biggest food brand. Verghese Kurien‚ Chairman of GCMMF‚ set a sales target of Rs.10 bn by 2006 as against sales of Rs 2.3 bn in 2001. In 2001‚ GCMMF entered the fast food market in India with the launch of vegetable pizzas under the brand name SnowCap in Ahmedabad‚ Gujarat. GCMMF was also
Free Milk
This report is to discover and solve the problem caused by the internal and external of the company. Harley-Davidson is a famous motorcycle manufacturer. But within high competition‚ Harley finds that it is lack of technology advantage‚ inapposite strategy for development‚ and gets more competition by analysing its capabilities and resources and its competitive environment. To solve these problems‚ Harley has to take three steps which is mention in recommendation. 2.0 Company Profile Harley-Davidson
Premium Harley-Davidson Motorcycle Porter generic strategies
LVMH’s Diversification Strategy into Luxury Goods The problem After the case and readings the problems of LVMH there are several problems such as the declining demand for luxury goods because it is linked to political events‚ situation and social trends. (After the attacks of 9/11 an impact on luxury goods has dropped and had automatically an impact on LVMH sales) Secondly luxury products are easy to counterfeit‚ some countries such as china‚ turkey‚ and other still have to improve their
Premium LVMH Marketing Gucci
Microsoft Microsoft is a multinational computer technology corporation. The history of Microsoft began on April 4‚ 1975‚ when it was founded byBill Gates and Paul Allen in Albuquerque. Its current best-selling products are the Microsoft Windows operating system and the Microsoft Office suite of productivity software. In 1980‚ Microsoft formed a partnership with IBM that allowed them to bundle Microsoft’s operating system with IBM computers‚ paying Microsoft a royalty for every sale. In 1985‚ IBM
Premium Microsoft Microsoft Windows Windows XP
DIVERSIFICATION. For companies‚ they all want to have bigger market share and earn more profit. So they will find many ways to penetration into the market like diversification. Diversification strategies are used to expand firms’ operations by adding markets‚ products‚ services‚ or stages of production to the existing business. The purpose of diversification is to allow the company to enter lines of business that are different from current operations.There are basically two broad forms of diversification
Premium Coffee Starbucks