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Subject:
"Diversification" in Strategic Management
Category: Reference, Education and News > Homework Help Asked by: replyme-ga List Price: $2.00 |
Posted:
10 May 2003 22:39 PDT
Expires: 09 Jun 2003 22:39 PDT Question ID: 202237 |
"Diversification is a perfectly Logical Development,ensuring the rational and efficient use of resources" By R Whittington("What is Strategy",1993). Discuss this assertion,using empiricial evidence with refrences | |
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There is no answer at this time. |
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Subject:
Re: "Diversification" in Strategic Management
From: neilzero-ga on 11 May 2003 06:41 PDT |
Problems arise in every activity. Occasionally a problem is so bad, abandoning the activity is the only sensible option. When this occurs it is very desirable to have unrelated activities (diversity) so jobs, income etc can continue. Even if none of your diversified activities fail, the ups and downs are typically averaged out better with several more or less unrelated activities = diversity. Human resources especially need to be preseved (when things go poorly) as you may never succeed in puting together a smooth working team again after even a brief lay off, as your best people typically have lots of employment oportunities with someone else. I have not read the book. Neil |
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