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What do the following businesses have in commonthe nation's fifthlargest hospital chain, based in Ohio an oil company based in Louisiana a historic destination resort hotel in Arizona a hightech company with offices throughout the United States and Europe and a casino located in Atlantic City,...
Whether driven by a desire to thwart the advances of unwanted investors playing the buyout game or driven by the pressure of new and global competitors, U.S. industry has embraced cost cutting as a way of life . . . and the good old days will never return. Although the frantic leveraged buyouts...
Less and less financial information is publicly available today as more companies are being taken private, competitors are often subsidiaries of worldwide conglomerates, and joint ventures and alliances are being formed with a pooling of funds and assets. Thus, it is increasingly more difficult...
If business can be looked on as a type of game, it is generally agreed that the idea is to outwit and outperform your competitors. If you do, then you may be rewarded with the advantages that go along with market share, low cost, high quality, superior service, and strategic alliances.
More than at any time during the past seven decades, Western companies are cultivating commercial relationships in the Soviet Union. Western direct investment began nearly four years ago and by July 1990, there were almost 2,000 WesternSoviet joint ventures, with about 20 percent operational....
It is common to identify cultural differences between the acquired and acquiring firms as the cause of the failure of individual mergers. For example, H. Ross Perot, the head of Electronic Data Systems, found it impossible to function after General Motors acquired his firm. Many blamed the clash...
A key competitive precondition for any organization involved in any of today's multinational businesses is speed and pace in implementing strategies. Although one's organization may offer superior products or services today, it may quickly lag behind its competitors if it is not adept at...
Much of corporate America has accepted the concept of competitor or business intelligence. As evidence of this, many Fortune 500 companies have already established intelligence departments and are beginning to build databases dedicated to competitor or marketplace intelligence.
Foreign businessmen frequently carry preconceived ideas with them to Japan. Such ideas can result in disastrous consequences when applied to business in that country. If your company's strategy calls for doing business in Japan, here are ten maxims that could affect the longterm success of your...
New technologies have yielded astounding increases in quality, productivity, and customer satisfaction. Companies in manufacturing, service, and information industries have all been reaping the benefits of improvements in these areas. In particular, corporate America is emerging from its initial...
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