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3. ITT is a technology-oriented engineering and manufacturing company with the fol- lowing business divisions and products: Motion Technologies Division-durable brake pads, shock absorbers,


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3. ITT is a technology-oriented engineering and manufacturing company with the fol- lowing business divisions and products: Motion Technologies Division-durable brake pads, shock absorbers, and Joy damping technologies for the automotive and rail markets siis..of a Industrial Process Division-industrial pumps, valves, and monitoring and con- trol systems; aftermarket services for the chemical, oil and gas, mining, pulp and paper, power, and biopharmaceutical markets Interconnect Solutions-connectors and fittings for the production of automo- biles, aircraft, railcars and locomotives, oil field equipment, medical equip- ment, and industrial equipment Abnendeo Control Technologies-energy absorption and vibration dampening equipment, transducers and regulators, and motion controls used in the production of robotics, medical equipment, automobiles, subsea equipment, industrial equip- ment, aircraft, and military vehicles Based on the previous listing, would you say that ITT's business lineup reflects a strategy of related diversification, unrelated diversification, or a combination of related and unrelated diversification? What benefits are generated from any stra- tegic fit existing between ITT's businesses? Also, what types of companies should ITT consider acquiring that might improve shareholder value? Justify your answer. 315618 68 blad be name

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