Explain the mechanisms by which they managed to sustain their central and highly profitable position in the diamond industry for such a long period.

Risk Management

The De Beers organization was successful at monopolizing the trade of diamonds for over a century. Explain the mechanisms by which they managed to sustain their central and highly profitable position in the diamond industry for such a long period.

In 1981 DRC decided to leave the CSO . How did De Beers respond, and why does it make sense?

Use the attached files for guidance and instructions.

2.5 page minimum single spaced

 

Explain the mechanisms by which they managed to sustain their central and highly profitable position in the diamond industry for such a long period.
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