In this article we will discuss about the concept and process of benchmarking of a company. Concept of Benchmarking: The concept of benchmarking was pioneered in USA by Xerox Corporation in 1979. Benchmarking is defined as the continuous process of measuring the products, services, and business practices of a company against the toughest competitors or those companies recognised as industry [...]
The corporate restructuring strategies of a company can be thought of from two aspects:- Hardware Restructuring and Software Restructuring. Hardware Restructuring: This involves redefining and/or modifying the structure of the organisation so as to make it more efficient in decision-making, responsiveness, and intra-organisational communication, etc. Some suggested strategies are as follows: (i) Identification of core competency and portfolio pruning: This [...]
In this article we will discuss about the meaning and classification of take over of a company. Meaning of Take Over: 'Take over' means acquisition of a certain block of equity capital of a company which enables the acquirer to exercise control over the affairs of a company. In theory, the acquirer must buy more than 50 per cent of [...]