Firms pursue diversification for sake enhancing financial performance. Some theories state positive relationship between diversification and financial performance. However, there are some theories for negative relationship about the issue. The study has filled the gap that most studies done in developed countries and there are fewer studies in developing country like Malaysia. In this study, re...

We investigate the contribution of a recently proposed adaptive diversification strategy (ADS) to the performance of an iterated local search (ILS) algorithm. ADS is used as a diversification mechanism by breakout local search (BLS), which is a new variant of the ILS metaheuristic. The proposed perturbation strategy adaptively selects between two types of perturbations (directed or random moves...

Population diversification strategies are ubiquitous among microbes, encompassing random phase-variation (RPV) of pathogenic bacteria, viral latency as observed in some bacteriophage and HIV, and the non-genetic diversity of bacterial stress responses. Precise conditions under which these diversification strategies confer an advantage have not been well defined. We develop a model of population...

In this paper we analyze a software diversification-based strategy to achieve information security. The notion of using diversity to limit correlated risks is a widely accepted strategy in many fields. Various risk management approaches strive to minimize the variance of losses faced by individuals by either risk pooling, as in insurance, or diversification, as in portfolio management. However,...

“What determines the international success and failure of the firm?” is the fundamental issue in strategy (Rumelt, 1974; Peng, 2006). In emerging economies, most scholars have paid attention to how multinational enterprises (MNEs) successfully enter and compete effectively in these countries. However, relatively little is known on how firms in emerging economies develop their strategies to surv...

First let me repeat the title, Integration and Diversification as Business Strategies--An Historical Analysis. Then, after a couple of definitions, I want to suggest the nature and the possible value of such an analysis. As for definition, by strategy I mean here a company's basic business objectives and policies. A senior executive defines basic strategy when he asks, "What exactly is our busi...

This paper designs a reliability distribution network with limited capacity under partial and complete facility disruptions. To increase the reliability of the distribution network, a new mixed integer linear programing model is developed by considering multiple mitigation strategies including diversification, fortification, and transshipment. The distribution network constitutes of reliable di...

Two metaheuristic methods based on Tabu search are introduced to assign judges to individual competitions in a tournament. The complexity of the mathematical formulation accounting for the assignment rules, leads us to use such an approach. The first metaheuristic includes two different Tabu searches that are combined with a diversification strategy. The second metaheuristic is applied to a pen...

Corporate diversification is widely believed to be inefficient. It runs against one of the oldest ideas in economics, that specialization is productive. A popular explanation for its prevalence is that firms are plagued with agency problems that allow managers to enter new businesses (from which they privately benefit) at the expense of shareholders. However, the empirical evidence suggests tha...