Novartis‚ a large multinational pharmaceutical company‚ recently diversified by buying Alcon‚ in a £24.8bn deal. Alcon is a producer of eye care products such as contact lenses. Google has diversified by investing £124m in a wind power business. To what extent is diversification the best strategy to achieve profitable growth? Justify your answer with reference to Novartis‚ Google and/ or other organisations that you know. (40 marks) Diversification - Practice under which a firm enters an industry
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Possible Growth Strategy The limit of the Turkish Airline’s growth may be the hub airport capacity. Turkish Airlines operates a hub and spoke network out of Ataturk Airport in İstanbul. Since Ataturk Airport has not much room left for major growth‚ this situation may limit Turkish Airlines’ growth. Furthermore‚ the labor pool in Turkey has saturated and the airline has started to recruit internationally‚ which will lead to an increase in labor costs. However‚ Turkish Airlines can sustain its growth
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terms of how it is possible that a world of genocide and concentration camps can exist and be widely supported despite contradicting self- interest. She concludes that the motto of totalitarianism should be “everything is possible” because evil is not always radical but somewhat predictable‚ ordinary and banal. This essay will investigate whether or not Arendt actually believes that it is possible to transform human nature in the way totalitarianism seeks. To understand how everything is possible‚ one
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more than the industrial jobs‚ such as sales‚ insurance‚ communications‚ and advertising. In addition‚ Americans in the 1950s had more leisure time than ever‚ working a 40-hour week and enjoying multiple weeks of vacation per year‚ a new ideology for American workers. Also‚ Americans owned more time-saving devices than ever‚ such as the washing machine and dishwasher‚ which lead to even more spare time. Along
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shrinking growth opportunities‚ or expand into new target segments/geographies with their attendant challenges and uncertainties. He would likely find that a new product launch is justified. While Citi’s position in the super-affluent/affluent segment remains strong‚ its falling market share combined with the growth of the emerging affluent (E.A.) and mass market suggest a change may be worthwhile. To begin by surveying the landscape‚ a 5C analysis is shown below: Company o Historically
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Marketing is “The art and science of creating demand to drive profitable growth.” David W. Mischler – President‚ Altascend Consulting This definition describes marketing as an art and a science which is perfectly correct as marketing practice tended to be seen as a creative industry in the past‚ which included advertising‚ distribution and selling. However‚ because the academic study of marketing makes extensive use of social sciences‚ psychology‚ sociology‚ mathematics‚ economics‚ anthropology
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Explain possible economic reasons for changes in the level and distribution of government expenditure. The government spends money for a variety of reasons. Firstly‚ to supply goods and services that the private sector would fail to do‚ such as public goods‚ including defence‚ roads and bridges‚ they also spend money to improve supply side policies such as education and training to improve labour productivity. Government spending is also spent on things like subsidies used to help companies financially
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Entrepreneurship Case study QI-TECH: A Chinese Technology Company for Sale Name: Choi Ying Kai SID: 06523393 Date edited: 11-11-2007 Case background: QI-TECH‚ a Chinese manufacturer of precision Coordinate Measurement Machines‚ is a joint venture established by Indiver BV‚ a Dutch aircraft engine manufacturer and a Chinese state-owned enterprise QQMF. Looking for a strategic exit‚ Indiver BV‚ which holds 50% of QI-TECH‚ must negotiate a sale with its Chinese partner and a potential buyer‚ Brown
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Logistics 1 – Introduction to Logistics Case 5-1 “Johnson Toy Company (1) From the standpoint of an individual concerned with accounting controls‚ discuss and evaluate Johnson Toy Company’s present policies for handling returned items. From the accounting control perspective‚ the financial records are evidently inaccurate leading to poor overall control‚ e.g. Greg Sullivan confidently indicated that his records shows 2.6 million Jungle Jim dolls are in stock for recycling; however‚ Carolyn
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1. Explain the inputs into 1) the net initial investment outlay at year 0‚ the initial investment $200‚000 which include taxes and delivery‚ and the cost to install the equipment $12‚500. The total net cost $212‚500. 2) The depreciation tax savings in each year of the projects economic life‚ this will show how much the tax savings will be depreciated each year using the MACRS method 3) the projects incremental cash flows? This shows the company profit for each of the eight years. Net Cost MACRS
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