3. ITT is a technology-oriented engineering and manufacturing company with the fol- lowing business divisions and...

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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 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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ITTs business lineup reflects a strategy of related diversification Related diversification occurs when a company operates in several different but fu... View the full answer