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"To globalize for the sake of globalizing-as a matter of ego-is perilous. Expanding internationally is hard, risky work. Globalization is not just about putting up a plant. It's not about making an acquisition. It's much, much more."

— Kumar Mangalam Birla
kumar mangalam birla Quotes Globalization,Expanding,Plant

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Kumar Mangalam Birla
Globalization
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Matter
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Acquisition

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Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses

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The most basic task of any museum must be the protection of works of cultural significance entrusted to its care for the edification and pleasure of future generations. This imperative rightfully takes precedence over acquisition, interpretation, outreach, or any number of other activities now believed to be crucial to the survival of our great art repositories. Sometimes a museum gains its holdings with much strategic forethought, and at other times serendipitously, as when a long-coveted neighbor’s plot suddenly becomes available. Yet the moral responsibility remains the same.

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