Abstract
Sony Corporation established its global reputation with the introduction of the transistor radio in 1957. For over forty years it has manufactured electronics hardware. In the past five years it has diversified into entertainment, software and a host of related and converging fields. The diversification has been successful because Sony has identified all of its new projects with its brand name and reputation for quality: Its core competency in electronics has been at the heart of its successful diversification.

Tags:sony, corporation, diversification

Abstract
The paper discusses diversification and specialization in the banking industry. The paper further examines the intricacies of diversification and specialization as they relate to modern society, focusing on the various elements of the concepts in finance. The paper applies these theories to the global marketplace, as well as to the local communities to determine which method of banking is more effective.

From the Paper
"With the onset of globalization and the lending fraud of the past few decades to consider it would appear that consumers in America would be more supportive of strength in banking, than in dealing with small financial institutions. Large banks that have often times become consolidated and diversified their portfolios have reported significant gains in their value, and continued success because of diversification in the industry. Specialized bankers and financial institutions, however, have maintained their place in the local markets with a stronger sense of serving the average citizen, in spite of newsworthy events that would have them closed. The question for many Americans today is whether the specialized bank is more effective in meeting the needs of the public, or whether banks that have become diversified provide a more stable environment for financial considerations."

Tags:bank, diversification, specialization

Abstract
This paper identifies three advantages of international investment portfolio diversification. It then further discusses successful application of the concept by three different global funds. The paper also considers the increase of choices for investors and benefits of increased choices.

From the Paper
"The purpose of this paper is two-faceted: First, three benefits of international investment portfolio diversification are identified and explained. Second, successful applications of the concept of international portfolio diversification by three different global funds are discussed. Identification and Explanation of Three Benefits of International Investment Portfolio Diversification: Among the benefits to investors of including international securitiesi n their investment portfolios three of the more important of these benefits are a increased choices of investment vehicles."

Tags:Advantages, portfolio, funds, diversification, global

Abstract
This essay begins by examining the concepts of diversification and synergy as well as the general motives for diversification and then goes on to discuss whether synergy is the only justification for diversification. Throughout the paper, the topic is discussed from a strategic perspective, but the conclusion also comments briefly on the justifications for diversification from a managerial perspective.

Introduction
Concepts
Synergy
Diversification
Motives for Diversification
Is Synergy the Only Justification for Diversification?
Can Growth and Risk Reduction Justify Diversification?
Growth
Risk Reduction
Can Profitability via Synergy Justify Diversification?
Sharing Activities
Transfer of Skills
Is Synergy the Only Contributor to Profitability?
Conclusion

From the Paper
"Diversification is a vital element of modern dynamic business, thus, a significant issue for enterprises and their management to deal with. Post-war diversification trends (see table 1 and 2) confirm this notion and also indicate that diversification activity will continue its significance in future. From 1949 to 1974 the share of the Fortune 500 companies that diversified into related business increased from 25.7% to 42.3%. Similarly, companies that diversified into unrelated businesses accounted for merely 4.1% in 1949, but for 20.7% in 1974."

Tags:industrial, activity, strategies, corporations, compete, market, general, electric

Abstract
This study examines corporate diversification and the impact of social identity theory on the growth and stability of an organization. Further, it proposes to identify key areas where additional study can help to further understand the impact of diversification and social identity.

Diversification in Organizations
Variables Affecting Diversity
Significance of Diversification Strategy
Structure and Diversification
Understanding Social Identity Theory and Culture

From the Paper
"The key components that result in the success or failure of an organization are the organizational goals and objectives. (Morgan, 1997) Without aims (for an organization), there is no logical reason for bringing people, money, and other resources together. The ideal utilization of material resources required, maximizing the performance and the productivity of the organization, while at the same time reducing cost, are the important guidelines. Organizations should realize the effects of personality and individuality on the morale of any group or department."

Tags:organization, diversify, strategy, and, structure, profitability, risk, management

Abstract
The paper first defines diversification, then identifies the positive and negative aspects of diversification as a business plan. The writer looks into the effects of diversification using examples from international companies and industries. The paper studies what strategic management experts write about diversification and discusses whether or not diversification is a successful business strategy.

From the Paper
"Whether a business should adopt the strategy of diversification or not is a question which brought about considerable debate among the great management thinkers all over the world. While Ansoff and Howe supported the idea thinkers like Kastens and Porter opposed it. Its true that diversification has a lot of advantages and some disadvantages as well. In this assignment I am going to discuss the problems and advantages of the diversification strategy in some detail. However as Mintzberg said, "that no matter what its basis, every related diversification is also fundamentally an unrelated one. That is no matter what is common between two different businesses, many other things are not."(In Mintezberg & Quinn, 1991:79). Hence I am not analyzing the different types of diversification and its merits and demerits separately; instead I am taking diversification as a whole for this analysis."

Tags:company, management, profit, plan, growth

Abstract
The paper explains that in the case of News Corp, diversification has recently come primarily in the proposed purchase of Hughes Electronics Corporation (Hughes), a subsidiary of General Motors (GM). The paper then discusses how under the purchase of a 34% stake in Hughes, News Corp will have a controlling interest in the company and, specifically, over Hughes's DirecTV satellite television service (DirecTV).

From the Paper
"What are the elements of News Corp's diversification strategy? What is your opinion about News Corp strategy? In a diversified company, strategies must include the assessment of multiple industry environments for each industry area in which the company operates. Furthermore, a large company must diversify across a corporate strategy for improved attractiveness and performance of the company as a whole, and at the same time create a cohesive business whole out of individual businesses. Four distinct areas of diversification of a company..."

Tags:news, corp, strategy

Abstract
The paper discusses the competitive MP3 market and reveals that Apple's strategy of diversification has been one of its greatest strengths that set it apart from the original downloadable pioneer, Napster. The paper asserts that Apple CEO, Steve Jobs, has shown a competitive edge in diversifying his company far beyond its original sphere of computer expertise. The paper notes several potential concerns facing the Apple Company but concludes that at present the company's financial portfolio reflects none of these concerns and may very well continue to grow.

From the Paper
"Once it was hard to imagine any company threatening the unparalleled market standing of mighty Microsoft--but the Apple Corporation, the brainchild of Steve Jobs, has accomplished this impressive feat. Despite the recent downturn in the American economy, Apple's revenues have been stronger than many company's wildest dreams. According to Apple's April 23, 2008 Second Quarter Results, which ended March 29, 2008, the Apple Company netted $7.51 billion, or a net quarterly profit of $1.05 billion, at $1.16 per diluted share. These results compare to Apple's revenue of $5.26 billion and net quarterly profit of $770 million or $.87 per diluted share in the same quarter only a year ago. In 2007, company sales were up 24%, company earnings were up 75%, and the stock price skyrocketed 146%."

Tags:Napster, Steve, Jobs, MP3, music, digital, download

Abstract
This paper analyzes the continual influence of globalization which has resulted in mergers of various global corporations and thus the growth of multi-business firms have become more prevalent. This paper explores the success of such industries in the world arena, paying attention to how these firms have developed and prospered. This paper details and focuses on the diversification of Siemens AG. While initially a wholesale dealer in electronic goods within the communications industry, Siemens AG has since expanded outwards to many different areas. It now controls business interests dealing with computers, cell phones, transportation, power, medicine and more. The writer of this paper discusses the problems that many diversified companies face including how to incorporate new acquisitions into the overall corporate strategy of a particular business.

From the Paper
"The growth of Siemens AG starts with an analysis of their financial strategy. Since Siemens AG began with its patent of the telegraph technology it has been a dominant force within the telecommunications industry. As such information and communication sector is the original cash cow industry. The strategy of corporation such as Siemens AG is to diversify in such a way that they extract excess cash from businesses that are cash cows and allow them to be invested in businesses in other sectors that will be able to become an economic force when it gains a high hold of the market share. When these "question marks" reach the stage of becoming big earners they could one day become a cash cow too. Siemens AG has been expanding outward to many different arenas, as such over the years it had become dominant in many different sectors of the commercial realm."

Tags:business, globalization, applied, practice, communication, finance, economy

From the Paper
I"ntroduction
Companies have long sought ways to protect themselves from downturns in the economy or from the commercial vagaries which can affect the success of their products. A popular strategy for many years has been that of diversification, which is the adding of new product or service areas to an organization which are different from the ones currently provided. This research considers diversification and the factors which contribute to it, and evaluates the diversification strategy of three leaders in the beverage industry, Coca Cola, PepsiCo and Cadbury Schweppes.

Reasons for Diversification
The primary reason for diversification is to lower overall risk by reducing dependence on one or only a few product or service areas (Campbell, Goold, & Alexander, 1995, p. 79). In undertaking diversification.."