Safonova Tamara Yuryevna – Applicant, Higher School of Corporate Management, Russian Presidential Academy of National Economy and Public Administration, Moscow
Тhe paper provides analysis of the practical application of business diversification strategy by foreign oil companies, particularly dealing with mergers and acquisitions as one of the methods within that strategy. Priorities among oil business interests are shown, and causes of success and failure of some companies in the process of diversification are analyzed.
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