Research On Diversification Strategy Of Inner Mongolia Electric Power Company

Diversified business and professional business enterprise than the equivalent of the original by a number of specialized business management,take full advantage of technological advantage,market advantages,management strengths and other resources,the rational allocation of resources and improve resource efficiency.Diversified Enterprises operation is more efficient than the specialized enterprises can obtain a higher return on investment.Diversification can realize the second advantage is that the internalization of the establishment of internal capital markets.Diversification can be realized there is a third advantage is the internalization of the external non-deterministic transactions into a contract within the contract,that is,within a contract instead of using a series of external trade contracts,which can save the external transaction costs.Power Multi-enterprise is accompanied by the pace of reform and opening up came into being,along with the continuous development of power industry and electric power system continued to deepen and develop.Inner Mongolia Electric Power in Multi-career through constant practice and exploration and struggle,from scratch,forming a foot in many industries,with a certain scale of operation of the enterprise group,and achieved a certain degree of economic and social benefits.But there are also some do not meet the demands of the market economy,as economic and social development of certain contradictions must be resolved.Coupled with the impact of globalization,the enterprises have to stand a wide range of crossroads.Therefore,the Inner Mongolia Electric Power Company over by the enterprises must focus on synergy,focusing on doing the main industries,through the extension and expansion of core competencies to make diversification strategy to achieve significant results.