Method of Divestment
Some firms are using technology to facilitate the process of divesting some divisions. They post the information about any division that they wish to sell on their website so that it is available to any firm that may be interested in buying the division. For example, Alcoa has established an online showroom of the divisions that are for sale. By communicating the information online, Alcoa has reduced its hotel, travel, and meeting expenses.
With Economic liberalization of the Indian economy, Ministry of Finance of India had set up a separate Department of Disinvestments.
Read more about this topic: Divestment
Famous quotes containing the words method of and/or method:
““English! they are barbarians; they don’t believe in the great God.” I told him, “Excuse me, Sir. We do believe in God, and in Jesus Christ too.” “Um,” says he, “and in the Pope?” “No.” “And why?” This was a puzzling question in these circumstances.... I thought I would try a method of my own, and very gravely replied, “Because we are too far off.” A very new argument against the universal infallibility of the Pope.”
—James Boswell (1740–1795)
““I have usually found that there was method in his madness.”
“Some folk might say there was madness in his method.””
—Sir Arthur Conan Doyle (1859–1930)