Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ITT is a technology-oriented engineering and manufacturing company with the following business divisions and products: Industrial Process Divisionindustrial pumps, valves, and monitoring and control systems;

ITT is a technology-oriented engineering and manufacturing company with the following business divisions and products:

Industrial Process Divisionindustrial pumps, valves, and monitoring and control systems; aftermarket services for the chemical, oil and gas, mining, pulp and paper, power, and biopharmaceutical markets.

Motion Technologies Divisiondurable brake pads, shock absorbers, and damping technologies for the automotive and rail markets

Interconnect Solutionsconnectors and fittings for the production of automobiles, aircraft, railcars and locomotives, oil field equipment, medical equipment, and industrial equipment

Control Technologiesenergy absorption and vibration dampening equipment, transducers and regulators, and motion controls used in the production of robotics, medical equipment, automobiles, sub-sea equipment, industrial equipment, aircraft, and military vehicles

Based on the above listing, would you say that ITTs business lineup reflects a strategy of related diversification, unrelated diversification, or a combination of related and unrelated diversification? What benefits are generated from any strategic fit existing between ITTs businesses? Also, what types of companies should ITT consider acquiring that might improve shareholder value? Justify your answer.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Successful Project Management

Authors: Jack Gido, Jim Clements

4th Edition

9780324656152, 324656130, 978-0324656138

More Books

Students also viewed these General Management questions

Question

Differentiate master, operating, and financial budgets.

Answered: 1 week ago