Abstract
The most surprising aspect of the collapse in oil prices was the speed in which service companies were affected. In the case of Camera Alive, revenue for January and February 1986 was running about 20% ahead of budget and capital spending and expansion plans were being implemented according to budget. Everything looked good, and like most other companies we considered the small drop in the price of oil to be a short term fluctuation.
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© 1988 Society for Underwater Technology (Graham & Trotman)
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Turner, J. (1988). Diversification and Innovation: Adapting to Change—the View of One Small Business. In: Submersible Technology: Adapting to Change. Advances in Underwater Technology, Ocean Science and Offshore Engineering, vol 14. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-1299-1_33
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DOI: https://doi.org/10.1007/978-94-009-1299-1_33
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-7078-2
Online ISBN: 978-94-009-1299-1
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