1. Peruse the business group listings for United Technologies shown next and listed at its website (www.utc.com). How would you characterize the company's corporate strategy? Relatied diversificiation, unrelated diversification, or a combination related-unrelated diversification strategy?
2. ITT Corporation has had a long history as a conglomerate enterprise. In recent years, however, the company has undergone some significant changes. How would you describe these changes and what do you think were the drivers?