Diamond Industry

diamond industry The value of diamonds lies on their physical properties that rise them suitable for many applications. Natural diamonds be only of dissolve value if they are scarce in nature. Realizing this, De Beers Consolidated Mines was sorting to control the supply of diamonds from mines across the world. The diamond market is influenced by mine production, rough diamond distribution, preparation/cutting, and retail markets. The go through will be concentrating on the retail markets for diamonds and other utmost end jewelry.

Jewelry purchases are highly discretional because they are heavily affected by adverse trends in t he ecumenical economy and are measured by available consumer income. The source half(prenominal)(a) of fiscal 2003 can be described with a lackluster economy, lower consumer confidence and an unstable geopolitical environment. However, oecumenical economic conditions and consumer confidence improved in the second half of fiscal 2003, resulting with increased sales. Since the economy has t...If you want to get a full essay, order it on our website: BestEssayCheap.com

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