Finding new lines of business that can contribute seriously to revenue is hard.
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This is true of new lines of business: say, building cars or computers.
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They have created new lines of business and ideas spanning the corporation from operations on up to entire market changes.
The bottom line: CMOs are uniquely positioned to drive big deals, create new lines of business and large scale revenue generating activities.
You can allocate your best employees to explore new lines of business, you can count on a consistent flow of cash from your more mature product or service lines, and you can focus your management team on offense.
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Obviously, Ron talked about some of the assistance we did to keep the supply base in place, but also to help suppliers think about how to diversify, how to get into new lines of business away from automobiles.
To be honest, if Facebook can manage 50% revenue growth for any significant period from here out, that achievement would be extraordinary, be more than satisfactory to build one of the most valuable businesses on earth (more so than they are already one of those), and is probably a high-end scenario unless the company develops entirely new lines of business.
It provides managers with more focused incentives and helps to raise the additional capital necessary to pursue new services and lines of business.
Our valuation is contingent on how effective the turnaround is and the growth potential of its new business lines and we will be watching these closely.
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In 2006-2007, wholesale better apparel revenues decreased primarily due to the sale of the Polo Jeans Company business and the discontinuation of Easy Spirit and Jones New York Country apparel lines.
"Six months ago this week, as New Yorkers were sitting in lines waiting for hours to buy critical supplies of gasoline, some shady business owners were trying to make a fast buck at their expense, " Schneiderman said.
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