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Feasibility Essay

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Below is an essay on "Feasibility" from Anti Essays, your source for research papers, essays, and term paper examples.


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Please, answer the following essay questions after your read this article.



From F.oreign Direct Investment (FDI) theoretical prospectus, what forces
drove Mittal Steel to start expanding across national border?

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Mittal Steel expanded into different nations through mergers and I • acquisitions, as opposed to Greenfield investm~nts. Why?





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lakshrni Mittal and the Growth of Mittal Steel

In 2007 a controversial merger between Mittal Steel and Arcelor closed, creating ArcelorMittal. The merger was the brain child of Mittal CEO, Lakshmi Mittal and his son, Aditya. Under Lakshmi's leadership, the family, owned Mittal Steel had grown from obscure origins in India to become the largest steel company in the world. The story dates back to the early 1970s. At that time, the family'owned company was facing }imited growth opportunities in India. Regulations constrained expan, sion opportunities, and Mittal y;as facing competition both from a state,owned rival, SAIL, and a private na, tional champion, Tata Steel. So Lakshmi's farther fi, nanced his soh, helping him to set up a steel,making plant from scratch in Indonesia in 1975. To reduce costs in his Indonesian plant, Lakshmi did not smelt iron ore, but instead directly purchased re, duced iron pellets. His supplier of these pellets was a struggling state,owned steel firm in Trinidad. Impressed by Lakshmi's success in Indonesia, in 1975 the Trinida, dians asked him to tum their firm around under a con, tract. Mittal set up anot]:ler company to run the Trinidad plant. In 1989, after a...

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MLA Citation

"Feasibility". Anti Essays. 16 Dec. 2018


APA Citation

Feasibility. Anti Essays. Retrieved December 16, 2018, from the World Wide Web: http://parimatch-stavka7.com/free-essays/Feasibility-169113.html

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