Managing The Transition From Maturity To Decline: Diamond Power Corpor
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Title: Managing The Transition From Maturity To Decline: Diamond Power Corpor

Essay Details:

Subject: Business
Author: Samara G
Date: September 23, 2015
Level: University
Grade: A
Length: 6 / 1642

Essay text:

Diamond had the market to itself for a number of years, but eventually two competitors sprang up to challenge Diamond: Copes-Vulcan and Bayer Company. Competition did not become fierce until World War II, when the soot blower became a major commodity used by the U.S. Navy to clean boilers on board its ships. At this point, the soot blower industry became a seller's market and the need for strategy (both corporate and business) became a necessity for growth and survival. Diamond Power's main mission at its beginning, to produce soot blowers that would efficiently clean the inside of boiler as it continued working, basically stayed the same up until the addition of competition into the market...

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