Hi buddy!
How are you doing?
Sorry for no post long time!
I was experimenting on a new concept of MICROMERATE and busy with the Summer Projects.
Well,
Micromerate is a Micro Level Conglomerate.
I’ll be explaining the concept in detail, once my project gets through the PSG viva panel.
But I’ll just say its advantages:
- Mitigate Risk arising due to narrow focus on a single sector.
- Ventures of different sectors under the same umbrella can complement each other.
- Collective Bargaining is possible.
- Bulk purchase lowers the micromerates’ cost.
- Real estate costs can be minimised, sharing the office, showroom or warehouse space.
- Resources like workforce, sales force, capital, client data etc. can be shared among ventures.
- Cross selling is possible.
- Layoffs can be avoided or at the least minimised in times of recession, through rotating jobs.
Meet you in next post!
Tata, Bye bye!
Rajan
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