Explain the diversification strategy

Assignment Help HR Management
Reference no: EM132959499

One way companies grow is to launch new businesses into market segments where they have not previously competed. For example, GE, starting with an incandescent lamp business, has moved to businesses covering more than 700 product markets. By all counts, GE's diversification strategies have been successful.

On the other hand, consider the case of McDonald's' diversification strategy of entering the hotel business in Switzerland. In March of 2001, they opened two hotels, and as a result of poor performance, by August 2003 the decision was made to sell the hotels.

Review the video clip about McDonald's Golden Arch Hotel in Zurich, Switzerland and then comment on why you think their diversification strategy failed?

Min 300 word

Reference no: EM132959499

Questions Cloud

Describe the role of nongovernmental organizations : Describe the role of nongovernmental organizations in the oversight and regulation of payer organizations.
What are estimated fixed overhead costs in october : If machine hours in October are expected to be 2,800, what are estimated fixed overhead costs in October [round unit costs to two decimal places]
Conducting a job analysis : Describe and explain which method you believe is the "best method" for conducting a job analysis. Be specific as to why you chose this method. Keep a "job log"
What type of investment would you choose : What are the factors to be considered when planning to invest and What are the factors you need to consider in handling your personal finances?
Explain the diversification strategy : One way companies grow is to launch new businesses into market segments where they have not previously competed. For example, GE, starting with an incandescent
Determine the initial value and the swap rate today : A corporation enters into a 1-year interest rate swap with a notional of €100 million. Determine the initial value and the swap rate today
How much initial deposit celeb will have : How much initial deposit Celeb will have after 3 years and How many month it would take a loan of $37000 to grow to $42,325 if it is earning 4.2 % p.a
How much was its free cash flow, in millions : The firm's expenditures on noncurrent assets amounts to P0.90 million and net operating working capital of P0.30 million. How much was its free cash flow
What will be the cost of sharing : Do you think you have enough exposures to predict only three losses a year - what will be the cost of sharing these losses per student in the class

Reviews

Write a Review

HR Management Questions & Answers

  Develop to provide incentives for experienced salespeople

How will a compensation plan be developed to provide incentives for experienced salespeople, yet make some provision for trainees who have not yet learned the job?

  Identify the development level and style in the situation

Write a three to four page paper (not including the title and reference pages) about a contemporary leadership situation that is familiar to you.

  Assume you are a consultant reporting to willis who charged

assume you are a consultant reporting to willis who charged you to examine the management issues facing blue sky

  Meeting with human resource development hrd team as well as

meeting with human resource development hrd team as well as all the department heads. preparing for the first change

  What are the different types of mobility paths

What are the different types of mobility paths? What are the advantages of using mobility paths?

  Explain the global strategic plan

Organizations today are becoming increasingly global, and what is considered ethical business practice often varies from country to country.

  What do you consider to be the most significant factor in

we have spent the last five weeks reviewing the major developments in the evolution of health care delivery in the

  Develop a competitive compensation and incentive program

Develop a competitive compensation, benefits, and incentive program for a large marketing firm in New York City. The board of directors wants the firm to be.

  Human resource managementa one way organizations inform

human resource managementa. one way organizations inform employees of their rights responsibilities and requirements is

  What is ageism how does ageism influence the presence of

what is ageism? how does ageism influence the presence of diversity in society?what is the americans with disabilities

  Developing theories to explain patterns you see in reading

Developing theories to explain patterns you see in the reading

  Explain pros and cons of not having an effective

outline pros and cons of not having an effective recruitment and disciplinary model in

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd