Diversification Strategy, or called Multi-operatio ns Strategy, means the strategy taken by enterprises engaging two or more kinds of material or labor products for different economic uses in the same time. It is H.Ig...Diversification Strategy, or called Multi-operatio ns Strategy, means the strategy taken by enterprises engaging two or more kinds of material or labor products for different economic uses in the same time. It is H.Igor Ansoff who was a great economics master famous with his Product-mark et Strategy theory announced in the 1950’s. Coming out of practice of some others, we may draw a conclusion that it looks li ke each of enterprise expansions reduces operating-risk. But in fact, the enter prise probably gains more troubles and enlarges overall-risk if it takes a dive rsified expansion neither concerned with its former vocations nor familiar w ith the new trade it carries on at all. Basic principles of diversification strategy Diversification Strategy leads an enterprise into new trades that it has nev er encountered before. But in the new domain, it will be much stranger in pr oduction, marketing, technology, information and management, and the risk comes to a higher degree. A stable, sturdy and superior major-business is the fundame ntal prerequisite for an enterprise’s existence and development, and also the ba sic premise of taking Diversification Strategy. But major-business with great superiority to others should not be considere d as an assurance of profits in new diversified expansion. It is also one of the most important things to analyze circumstances of the trade we newly encountere d and make a decision among different developing choices. To Diversification Str ategy, the decision means a lot. Fundamental forms of diversification strategy It is with great meaning to choose a proper form of diversification strategy and make choice among entering different developing fields. An enterprise should ch oose developing directions according to its management and strategy objectiv es fit for its resident environments. According to the different diversification levels, we may divide all enterprises taking diversification strategy into four groups: 1) Simple Business Corporation; 2) Major Business Corporation; 3) R elated- diversified Corporation; 4) Non-related diversified Corporation. After gaining knowledge about the basic conditions and forms, analysis about the advantages and disadvantages is quite important to handle the scale of diversif ication strategy. Ⅰ Advantages in Diversification: 1) Fewer risks in operating an enterprise; 2) Trying new profitable fields and keeping a continuous development; 3) Making a good use of original intangible assets and sharing resources altoget her; 4) Easier to achieve the purpose of expand and finally monopolize the market. Ⅱ Disadvantages in Diversification: The operating-risk may be reduced through taking diversification strategy and m ake diversified investment, but the enterprise will encounter new risks with ent ering new trades. Those risks include: 1) Financial risk; 2) Risks in organization and administration; 3) Risk of assets’ decentralization; 4) Risk of unsymmetrical information. Diversification strategy is a two-edge blade. The result that whether it benefi ts or does harm to the enterprise always depends on whether the enterprise takes proper developing directions according to its environments or not.展开更多
This paper examined the competitiveness of Chinese agricultural products, in relation to the rest of the world, based on the index of revealed comparative advantage, using lots of data during period of 1980 to 2000. T...This paper examined the competitiveness of Chinese agricultural products, in relation to the rest of the world, based on the index of revealed comparative advantage, using lots of data during period of 1980 to 2000. The index is useful in identifying the demarcation between comparative advantage and comparative disadvantage, though a problem exits when using it. China is shown to have a comparative advantage in a range of agricultural products, including edible vegetables and tea. This complements the findings of those studies that have used price and cost based on approaches in identifying competitiveness in agricultural products. Results indicated that the RCA values had been weakening over the 21-year period. These have vastly different implication for the future reform in China＇s agriculture,展开更多
National Association for Hydrogen Energy (NAHE) was established in 2003 to facilitate the effective integration of the Russian Federation into the world hydrogen economy. The priority for the Association is to create ...National Association for Hydrogen Energy (NAHE) was established in 2003 to facilitate the effective integration of the Russian Federation into the world hydrogen economy. The priority for the Association is to create legislation and basic standards which necessary for the successful development of hydrogen energy, promote this sector to a large public and to support the development of those priority areas, where Russia has the best prospects to take a rightful place in the international division of labour (atomic hydrogen energy, fuel cells, hydrogen vehicles). Hydrogen Energy, National Association for Hydrogen Energy By now the Association has developed a draft technical regulation on security devices and systems展开更多
文摘Diversification Strategy, or called Multi-operatio ns Strategy, means the strategy taken by enterprises engaging two or more kinds of material or labor products for different economic uses in the same time. It is H.Igor Ansoff who was a great economics master famous with his Product-mark et Strategy theory announced in the 1950’s. Coming out of practice of some others, we may draw a conclusion that it looks li ke each of enterprise expansions reduces operating-risk. But in fact, the enter prise probably gains more troubles and enlarges overall-risk if it takes a dive rsified expansion neither concerned with its former vocations nor familiar w ith the new trade it carries on at all. Basic principles of diversification strategy Diversification Strategy leads an enterprise into new trades that it has nev er encountered before. But in the new domain, it will be much stranger in pr oduction, marketing, technology, information and management, and the risk comes to a higher degree. A stable, sturdy and superior major-business is the fundame ntal prerequisite for an enterprise’s existence and development, and also the ba sic premise of taking Diversification Strategy. But major-business with great superiority to others should not be considere d as an assurance of profits in new diversified expansion. It is also one of the most important things to analyze circumstances of the trade we newly encountere d and make a decision among different developing choices. To Diversification Str ategy, the decision means a lot. Fundamental forms of diversification strategy It is with great meaning to choose a proper form of diversification strategy and make choice among entering different developing fields. An enterprise should ch oose developing directions according to its management and strategy objectiv es fit for its resident environments. According to the different diversification levels, we may divide all enterprises taking diversification strategy into four groups: 1) Simple Business Corporation; 2) Major Business Corporation; 3) R elated- diversified Corporation; 4) Non-related diversified Corporation. After gaining knowledge about the basic conditions and forms, analysis about the advantages and disadvantages is quite important to handle the scale of diversif ication strategy. Ⅰ Advantages in Diversification: 1) Fewer risks in operating an enterprise; 2) Trying new profitable fields and keeping a continuous development; 3) Making a good use of original intangible assets and sharing resources altoget her; 4) Easier to achieve the purpose of expand and finally monopolize the market. Ⅱ Disadvantages in Diversification: The operating-risk may be reduced through taking diversification strategy and m ake diversified investment, but the enterprise will encounter new risks with ent ering new trades. Those risks include: 1) Financial risk; 2) Risks in organization and administration; 3) Risk of assets’ decentralization; 4) Risk of unsymmetrical information. Diversification strategy is a two-edge blade. The result that whether it benefi ts or does harm to the enterprise always depends on whether the enterprise takes proper developing directions according to its environments or not.
文摘This paper examined the competitiveness of Chinese agricultural products, in relation to the rest of the world, based on the index of revealed comparative advantage, using lots of data during period of 1980 to 2000. The index is useful in identifying the demarcation between comparative advantage and comparative disadvantage, though a problem exits when using it. China is shown to have a comparative advantage in a range of agricultural products, including edible vegetables and tea. This complements the findings of those studies that have used price and cost based on approaches in identifying competitiveness in agricultural products. Results indicated that the RCA values had been weakening over the 21-year period. These have vastly different implication for the future reform in China＇s agriculture,
文摘National Association for Hydrogen Energy (NAHE) was established in 2003 to facilitate the effective integration of the Russian Federation into the world hydrogen economy. The priority for the Association is to create legislation and basic standards which necessary for the successful development of hydrogen energy, promote this sector to a large public and to support the development of those priority areas, where Russia has the best prospects to take a rightful place in the international division of labour (atomic hydrogen energy, fuel cells, hydrogen vehicles). Hydrogen Energy, National Association for Hydrogen Energy By now the Association has developed a draft technical regulation on security devices and systems
