Monday, November 26, 2007
CoCo Minott-#2
Because Thermo Electron chose to use a diversification strategy; problems occured quickly, and they were in every division. Thermo Eledctron should have established themselves with their main branch before even try to expand into different productions. It is nearly impossible to become successful on a different product/branch when the main one is not even successful and well known yet. Also by doing this Thermo Electron loses trust from their shareholders.
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Question #1- Danielle O'Neill
created value for the company during the time as they didn't have to do as much work with each of the subsidiary companies, allowing the companies to take care of a majority of things for themselves. This created value for the shareholders as during this time period the compound return to shareholders averaged 28% a year (Hill, 2008). Historically, this approach worked well for Thermo Electron.
Question #4 -Tyler Bishop
5 Things about Thermo Electron
1. They scan and detect toys, jewlers and other products from Lead.
2. The do stem cell research.
3. Thermo Scientific is there new brand name for world-class analytical instrumentation, lab equipment, and automation.
4.They recently acquired Thermo Fisher Scientific.
5.Provide solutions to beverage manufacturers to ensure brand protection and complete product quality.
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