Strategies For Increased Profitability This week we will be discussing strategies for increased profitability through an example, Honeywell. Before we begin, please identify Honeywell’s website ( www.honeywell.com ) and review their portfolio of businesses that can be found by exploring its website. Once you have explored Honeywell's Portfolio of businesses answer the following questions: In how many different industries is Honeywell involved? Would you describe Honeywell as a related or unrelated diversification company? Has Honeywell’s diversification strategy increased profitability over time? ...