Company Structure
In organisational terms the Zumtobel Group is based on a “Parent company concept” with its lighting business managed directly by the Executive Board of the Group. The components business is handled by an independent subsidiary. The company‘s reporting differentiates between the Lighting Segment and the Components Segment, with LED revenues being allocated in line with the type of product concerned.
Market access through multi-brand strategy has been developed by dividing business into two segments.
Read more about this topic: Zumtobel Group
Famous quotes containing the words company and/or structure:
“I hate the prostitution of the name of friendship to signify modish and worldly alliances. I much prefer the company of ploughboys and tin-peddlers, to the silken and perfumed amity which celebrates its days of encounter by a frivolous display, by rides in a curricle, and dinners at the best taverns.”
—Ralph Waldo Emerson (1803–1882)
“A committee is organic rather than mechanical in its nature: it is not a structure but a plant. It takes root and grows, it flowers, wilts, and dies, scattering the seed from which other committees will bloom in their turn.”
—C. Northcote Parkinson (1909–1993)