Strategies For Increased Profitability
We will be discussing strategies for increased profitability through an example, Honeywell. Before we begin, please identify Honeywell's website (www.honeywell.com) and review their portfolio of businesses that can be found by exploring its website.
Once you have explored Honeywell's Portfolio of businesses answer the following questions:
- In how many different industries is Honeywell involved?
- Would you describe Honeywell as a related or unrelated diversification company?
- Has Honeywell's diversification strategy increased profitability over time?
Write your answer in 350 Words.