CLEVELAND‚ Dec. 28‚ 2010 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings‚ Inc. (Nasdaq: LECO) today announced that it has signed a definitive agreement to acquire OOO Severstal-metiz: welding consumables‚ a leading manufacturer of welding consumables in Russia and a subsidiary of OAO Severstal‚ one of the world’s leading vertically integrated steel and mining companies. The transaction will include acquiring manufacturing operations and exclusive distribution rights of the Severstal brand of
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Air India began its services in 1932 and has been operating in India for the last 78 years. It is the oldest passenger flight of India. The government of India holds 49% of Air India’s share with an option to acquire 2% more since 1946. This made Air India a public sector thus enabled it to operate flights internationally. In spite of being a public sector company Air India has been running in loss for the past 10 years. A SWOT analysis was conducted to analyze the strength of Air India that sets
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Explain How the Human Resource (Hr) Policies at Lincoln Electric Are Linked to Its Overall Corporate Strategy Explain how the human resource (HR) policies at Lincoln Electric are linked to its overall corporate strategy. Jeffery Pfeffer‚ The Human Equation‚ (1998)‚ explains the idea of alignment between employment practices and strategy. He states that an organisation should do specific things to manage the employment relationship and these practices need to be first internally consistent and
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Strategy In The Top Spot In the highly competitive $3 billion mobile phone market in India‚ Nokia has managed to make its brand the phone of choice for millions. It currently has a market share of over 70 per cent. Abhijit Joshi tracks the Finnish company’s strategy for success. W A DISTRIBUTION NETWORK DOUBLE THAT OF ITS RIVALS: Nokia’s Sanjeev Sharma hen mobile phones were introduced in India in the mid-90s‚ US based Motorola‚ Sweden’s Ericsson and Finland’s Nokia dominated the handset
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Pepsi’s Entry into India: A Lesson in Globalization Case summary: The case discusses the major strategies adopted by Pepsi Co (Soft drinks & snack food major) to enter the Indian market in the late 1980s. Initially the company found it very hard to sell itself to the Indian government as the Indian economy was highly regulated. So to lure Indian government Pepsi Co made promises of working towards enrichment of the rural economy Punjab by getting involved in the agricultural activities. Pepsi
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Abstract: The case‚ "ITC’s Diversification Strategy" gives an overview of ITC’s diversification into related and unrelated areas in recent years. The case presents an overview of the cigarette industry in India and gives a detailed account of the areas in which ITC has diversified. The competition that ITC is going to face in each of the segments it has diversified into is also explored. Issues: Criteria of selection of new businesses and the degree of diversification involved as well
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In India three types of models are made for economic devlopment of India. These models or strategies help India in solve economic growth related problems. These strategies are following: (a) HEAVY INDUSTRY STRATEGY(1950-1980); (b) GANDHIAN STRATEGY(1980-1990); (c) RAO-MANMOHAN STRATEGY(1992) (A)HEAVY INDUSTRY STRATEGY This strategy of devlopment is made by indian planning prof. or statistician Prasanta Chandra Mahalanobis in 1953. P.C.Mahalanobis was the real architect of these strategy. That’s
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For all the talk about companies coming to an emerging market like India and setting up shop‚ no one has been more passive aggressive then the Volkswagen Group. VW is most famously known for its Beetle – one of the best selling cars of all time at over 21 million units. In a bid to move beyond the Beetle‚ VW in the 90′s started to acquire many brands and their complete portfolio is quite impressive: Audi‚ Bentley‚ Bugatti‚ Lamborghini‚ SEAT‚ Skoda and VW. The VW Group also owns 49.9% of Porsche and
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Strategies for SMEs in India BY Madhuchhanda Karmakar Department of Human Resource Management Army Institute Of Management‚Kolkata Judges Court Road Opposite Alipore Telephone Exchange Kolkata-700027 India e-mail: mkarmakar4@gmail.com Introduction: In the post liberalization and opening up of the economy business era‚ ease in international trade barriers‚ economic liberalization‚ globalization‚ privatization‚ disinvestments and deregulation have thrown several challenges
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MASTER’S IN TOURISM MANAGEMENT (SEMESTER III AND IV) MTM (Second Year) Assignments Booklet (2012) January 2012 session and July 2012 session [For students who intend to sit for the June 2012 TEE and December 2012 TEE] MTM-9 TO 15 [pic] School of Tourism and Hospitality Services Management Indira Gandhi National Open University Maidan Garhi‚ New Delhi – 110 068 DATE OF SUBMISSION OF ASSIGNMENTS
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