IM - Report (L&T).pdf

Even the domestic malaysian market was adversely

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Even the domestic Malaysian market was adversely affected by oil prices and political turmoil, leading to delays in projects and new investments. However, the depreciation of the local currency (Ringgit) helped it maintain its profitability in export jobs, despite drop in prices. Business environment in 2016-17 was not favourable and Henikwon lost orders, mostly on account of cost. RECOMMENDATIONS The decision to sell its switchgear business is a meticulous decision and will allow company to focus in its core competence area to add to its competitive advantage. For L&T, its switchgear unit falls in the fourth quadrant of BCG matrix with low growth rate and market share.
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28 REFERENCES Annual Report Company Website - corp/ - 1127031 - switchgear-for-108-mn-107101100031_1.html - industry.htm - electronic-industry-in-malaysia-marketing-essay.php st=True - Malaysia
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