SYMBIOSIS INSTITUTE OF MANAGEMENT STUDIES MARKETING MANAGEMENT PROF V.V Ramasastry “Research Paper- Diversification leads to success?” Submitted By- Anil -15
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Study 4: Generalization or Specialization? ------------------------------------------------------------------------- I remember the days when if I fell ill‚ my mother would take me to a general physician. The doctor would prescribe some medicines as per his initial diagnosis of the illness and past experience. In case of a failure in effectiveness of the medicine‚ other options were sought to address the illness. Zooming ahead to 2012‚ today we look at specialization in all fields. Today if the
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books that touched on pros and cons of standardized testing in schools. Popham‚ (2001) and Sacks‚ (1999) suggest that through pros a student will have to pass certain tests to determine that he or she has acquired proficiency in various fields of study. According to the two authors‚ in cons the students who have mastery of the content‚ don’t show in the test; it mostly promotes teachers to teach tests and evaluate individual performance of a student instead of the overall growth of the student over
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Diversification is a good way to increase profits‚ create more value or reduce market risks from having only one or few product lines. As such‚ different companies diversify for various reasons‚ and therefore‚ diversification can be either related or unrelated. However‚ not all the companies succeed when choosing diversification as part of their corporate strategy. Like everything else‚ diversification does come with its ups and downs. Diversification can be beneficial‚ but probably up to a certain
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Opportunities for expansion and diversification Diversification is a form of corporate strategy for a company. It seeks to increase profitability through greater sales volume obtained from new products and new markets. A business strategy in which expansion is obtained by increasing the number of products in which customers can purchase from a company ’s store/under the company’s name. Fred Greer was able to mention how the Wrightbus Company expand within the bus manufacturing sector‚ this is
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part requires a non-recoverable investment in specialized assets. The most efficient suppliers are located in countries with currencies that many foreign exchange analysts expect to appreciate substantially over the next decade. What are the pros and cons of (a) manufacturing the component in-house‚ and (b) outsourcing manufacture to an independent supplier? Which option would you recommend? Why? At the outset‚ it is a vital concern in several international businesses or firm to determine in which
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The Pros and Cons Edit 0 6… Pros : - More foreign goods. In Canada‚ with economic globalization‚ we are able to eat fresh fruits and vegetables in winter. Make lives easier for us. - With the trade happening around the world‚ there is more diversity. While we are in Canada‚ we can go out and eat Chinese‚ Thai‚ Greek foods‚ and watch US’s movie. - Helping developing countries. Transnational corporations setup in developing countries offering jobs for the people in developing countries‚ help
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time periods. The two stories both have their pros and cons of the society that is being portrayed in the text. The pros of the societies in the stories are found more in “The Voter” than in “Tribal Scars”. This mainly has to do with the fact that the society in Achebe’s story was based in a more recent time which allowed for the society to be more far and democratic and this would be the most noticeable pro throughout the stories. Another pro for “The Voter” would be that almost all of the
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friend may say‚ “I’m going to clean the garage this weekend‚ it’s going to be a real project. Your boss come to you on that clean‚ sunny day afternoon and says”‚ I have a small project for you that you should be able to finish by the close of the business. What do all those projects have in common? They all have the essential elements: A project is temporary A project is undertakings and it has temporary in nature; that means has a clearly defined start and finish. A project has progressive elaboration
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What are the pros and cons of HSBC’s “Managing for Growth” strategy? The HSBC managing for growth strategy is a plan that provides HSBC with a blueprint for growth and development. The key point of the strategy was to build on HSBC’s strengths and address it’s weaknesses. HSBC plans to deliver its strategy for growth by focusing on enhancing HSBC’s revenue generation culture‚ further developing its brand managing costs strategically ‚ maintaining a prudent credit/market risk stance and investing
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