多少市场上的钻石，没人能回答。 In diamond market, supply always exceeds demand. According to economic rules, the price will finally drop. However, De Beers have controlled and manipulated the price by continuously purchasing the stockpiles of diamond that come from other competitors. The price of which, has amounted to more than $10 billion up till now. How long can De Beers last and how much diamonds can they buy? No one knows. 天价打造的“浪漫形象”。戴比尔斯在世界钻石市场的成功，可以说是一个近乎达到垄断的完美范例。它一方面总能刺激市场对钻石的需求，另一方面则减少钻石供给，即使在1
Words: 1909 - Pages: 8
OFFICIAL BEER PONG RULES Starting: Each team will shoot on the count of three while looking each other in the eye. If the player from one team makes his cup and the player from the other doesn't, the next player on the first team will shoot. If they both make or miss, the next shooters on each team will shoot in the same fashion. This continues until the outcomes are different. Turns: Each team shoots twice per turn. If both players make their shots, the balls are returned and receive an extra
Words: 471 - Pages: 2
Good Hope, his shadow falls to the Zambesi (Twain, 1904). One area that was not under British rule was South-West Africa (now Namibia), a German colony, and the discovery of diamonds there in 1908 threatened the monopoly of Rhodes' old company, De Beers. However, South African forces occupied the colony in the First World War, cutting off Germany's main supply of industrial diamonds, and it remained under South African administration until Namibia became independent in 1990. Ernest Oppenheimer
Words: 380 - Pages: 2
I often would sit on the porch with our favorite beverage and just spend hours talking about life. When I arrived looking forward to one of our old talks I found that all my father had in his house to drink was his favorite beverage, Virgil’s Root Beer. I was surprised that my father was still drinking this brand just like he was seven years ago when I lived nearby. I asked my dad why he was so determined to drink only this brand of soda. My father told me in his serious but loving tone that it
Words: 502 - Pages: 3
Forever: De Beers at the Millennium – Study Questions 1. Who writes the rules of the international diamond market? How are they enforced? * De Beers and the other diamond companies of the their time and specifically the Central Selling Organization (CSO) and the government partners where they are mining (?) * Their sorting process and the which went through many different grades that measured the 4 Cs: carat, color, clarity, and cuttability (?) 2. How has De Beers structured
Words: 395 - Pages: 2
The article’s main focus is on the DeBeers corporation headed by Cecil Rhodes (also of the Rhodes Scholarship title) and explains how DeBeers has chosen to practice unethical research behavior. Also, as a result of DeBeers unethical research behavior they have been convicted along with the General Electric Company by the US justice department for conspiracy to raise prices in the $500 millions-a-year industrial diamond industry. "The indictment charges GE and DeBeers, which account for 80 percent
Words: 354 - Pages: 2
De Beers' Multifaceted Strategy Shift Faced with such challenges as new sources of competition and suspicion about conflict diamonds, Gareth Penny had to rethink the basics A diamond may be forever, as De Beers' famous advertising slogan contends, but is the same true of a business model? That was the question facing Gareth Penny, managing director of De Beers, in the late 19'90s, when the famed diamond cartel found itself beset by a series of events that ultimately forced it to examine and then
Words: 5529 - Pages: 23
De Beers and the Conflict Diamonds De Beers is the most recognizable name in the diamond industry and since it was established in 1888 by Cecil Rhodes; the company have been linked to the “blood diamond” trade because for a long time they had the control of supply and demand of the diamond industry. De beers dominated the diamond market for the best part of the 20th century, but the creation of synthetic diamonds and the discovery of new diamond deposits in other countries have created new challenges
Words: 1074 - Pages: 5
TO THE unique qualities OF DIAMONDS. THE BEHAVIOUR OF OUR EMPLOYEES, THE ROBUSTNESS OF OUR COMPLIANCE SYSTEMS and our commitment to transparency maintain stakeholder confidence in our business and play a key role in upholding ‘diamond equity’. De Beers aims to meet or exceed all applicable statutory requirements, as well as international standards on ethical issues ranging from conflict diamonds to anti-corruption. We also work with our business partners to embed ethical standards throughout the
Words: 7544 - Pages: 31
Up until recently only De Beers controlled the diamond industry making the diamond industry monopolistic. (Zimnisky, 2014) However, over the last 25 years a series of events led to the dismantling of the De Beers monopoly. De Beers no longer has complete control over the diamond industry and instead it is market forces, not the De Beers monopoly, driving the diamond market. (Zimnisky, 2014) The following essay will discuss what events led to the dismantling of the De Beers monopoly, the role of the
Words: 1171 - Pages: 5
