History of the Faber-Castell Business
To effectively run a family business, one should have unique characteristics such as appropriate entrepreneurial skills, reliable leadership skills as well as ability to solve internal business conflicts. One of the prominent family businesses which have extensively integrated these business oriented aspects is Faber-Castell. Faber-Castell is among the business entities which can be termed as world's largest firms which specially objected in the manufacturing of office supplies which include rulers, side rulers and staplers. Other major products which are produced by Faber-Castell include products such as pens and erasers.
Product and geographical diversification as seen in Faber-Castell Business
Diversification strategies which have been adopted by the organization, it has ...