of a diverse operations. Here, Nirma has diversified it’s business by entering itself into a new vertical business but has done it by acquiring another company which may or may not be at risk. DEFINITION of 'Diversification Acquisition' “A corporate action in which a company purchases a
each situation. It is based on rules and guidelines on what should be done for something. Non-programmed decision making lacks this decision making structure. It is a non-routine and unplanned method on dealing with opportunities as they arise. An example of this would be if a retail store had specific discount policy on damaged items. The policy states that if an item is damaged then the customer can get 10% off the normal pricing. If this is a programmed decision, it will happen the same every time
There are an incredible number of pressures on today's organizations. To name a few: environmental pressures such as increasing globalization, rapid technological change, and tougher competition; organizational changes such as new organizational alliances, new structures and hierarchies, new ways of assigning work, and a very high rate of change; changes in the workforce, including employees' priorities, capabilities, and demographic characteristics. Within these
Evaluate the key features of successful strategic entrepreneurship drawing on real cases and examples. Entrepreneurship is a journey, where a person develops a business from the ground level, right from coming up with a business idea and facing all the hindrances and risks and financing it and turning it into a Profitable entity. It just doesn’t end with this, it involves continuous research and recognizing right opportunities and investing on the best ones. Any person who takes up this journey
classified FDI in terms of resource seeking, market seeking, efficiency seeking and strategic asset seeking. Resource-Seeking type of investment is one where the investor seeks resources from abroad which are not available in the resident country. For example, China and India invest in some African countries since these countries are rich in primary materials, such as minerals and oil. Through their studies, Aseidu (2002, 2006), Dupasquier & Osajwe (2006) have shown that it is the availability of natural
path of sustainability. The importance of learning alliances to capability development places a premium on Orange Electric Plc.’s ability to identify, assimilate, and utilize a partner’s (Finland) knowledge. However, this is limited primarily to how they should be structured and managed. Therefore, it is important that such operational issues as when Orange Electric Plc. may need to form a joint venture to nurture learning and how successful alliances are managed day-to-day. It is proposed that Orange
while balancing cooperation and competition. Cooperation involves a spectrum of collaborative relationships and coordination mechanisms. Supplier partnerships and strategic alliances represent a key of lean supply chain management. When comparing with the traditional model and the lean model, the traditional model has a vertical structure, outsourcing is done on cost based, relationship with the customers will be focused on transactions, the contracts which are drawn to the suppliers are short term
IOCL is India’s largest oil company and one of the main company in the fortune 500. It has various products such as Oil, Natural gas, Petroleum, Lubricants and fuel. It is one of the biggest public sector company which has the prominent market share. Indian oil has subsidiaries more than 46% share in petroleum products, refining holds 40% share in the market, out of 21 refineries in India Indian oil holds 10 refineries. and the downstream operation has 65%market share In the year 1964 growth of Indian
that whenever two Wireless networks are in contact (Spatially, Temporally or Frequency-wise), they will interfere with each other and both will fail. A year after the Wireless HD standard was released, the Wireless Gigabit Alliance (WiGig) standard was announced. This alliance is formed by heavyweights in the technology sector such as Apple, DELL, Cisco, Intel, Microsoft, Sony, Samsung, Toshiba and many more. The specification for this standard include high data rates up to 7Gbit/s and support for
A STUDY ON VERTICAL MOBILITY OF EMPLOYEES IN PRIVATE BANKING SECTOR WITH SPECIAL REFERENCE TO CUDDALORE DISTRICT CHAPTER-1 INTRODUCTION 1.1 INTRODUCTION TO BANKING Bank is defined in many ways by various authors in the book son economics and commerce. It is very difficult to define a bank; because a bank performs multifarious functions may be defined in many ways according to their functions. The evolution of different types of banks, each specializing in a particular field, gives emphasis on each