Why do diamonds sell for such high prices? Why do pre-owned diamonds sell for such low prices?
data mining
Description
Rapid Miner:
Log In: jan.schmidt@student.ism.de
Password: London!
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Title: Critical analysis driven decision making
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Description: Please write a 6-page response to
any one of the following |
Option 2: Case based analysis
Using the case “The De Beers Group: Exploring the Diamond Reselling
Opportunity” (FIND DATA ATTACHED) answer the following questions.
· Why do diamonds sell for such high
prices? Why do pre-owned diamonds sell for such low prices?
· How does the creation of IIDV
affect the market for polished diamonds? The market for rough diamonds?
· If you are Tom Montgomery, how
would you convince the De Beers Executive Committee to launch IIDV as a
standalone business unit?
· As a member of the De Beers
Executive Committee would you vote to end the pilot program, extend it for
another year, or convert it into a standalone unit? Why?
