It is a long term strategy laid out by management of the company to get into other areas which offers good profit margins. It should stand on the company resources like talent and expertise.
Industry is classified in 4 types:- 1.Extracting Industry 2.Genetic Industry 3.Construction Industry 4.Manufacturing Industry By Shreyansh Dugar The Assam Valley School
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Agriculture diversification refer to the policy of a country to change the production of one major crop
Diversification is when someone's tight clit is sniffed and integration is when the clit is jizzed on
Concentric diversification occurs when a firm adds related products or markets. The goal of such diversification is to achieve strategic fit. Strategic fit allows an organization to achieve synergy. In essence, synergy is the ability of two or more parts of an organization to achieve greater total effectiveness together than would be experienced if the efforts of the independent parts were summed. Conglomerate diversification occurs when a firm diversifies into areas that are unrelated to its current line of business. Synergy may result through the application of management expertise or financial resources, but the primary purpose of conglomerate diversification is improved profitability of the acquiring firm. Little, if any, concern is given to achieving marketing or production synergy with conglomerate diversification.
Unrelated diversification means moving from what you were offering to a total new product. This is like if you were offering clothes through a cloth industry, then moving onto the food industry.
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The population of Construction Industry Council is 10.
Construction Industry Council was created in 1988.
Charles S. Peet has written: 'The implications of reduced defense demand for the electronics industry' 'A structured approach to diversification planning' -- subject(s): Diversification in industry, New products, Planning
What is the AFR of the construction industry from 2008 - 2011
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British Construction Industry Awards was created in 1998.
Reliance is pursuing unrelated diversification strategy, it is conglomerate and has expanded into various markets; namely power sector, telecommunications, infrastructure, retail etc.
Charlene Henderson-Brewster has written: 'Diversification of the Caribbean banana industry' -- subject(s): Agricultural diversification, Banana trade, Banana products
Almost 67 percent of the value of all industry construction work in 1997 was new construction
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