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Meaning of core business?
The core business is organizations' most important and essentail activities.
What is meant by core business activities?
Its the activities that a business cannot successfully work without so Marketing, product design ect
What is the definition for non core business processes?
Non-core business processes are activities that supply no competitive advantage and are less likely to do serious harm to the company in the short term if poorly performed, though they are still important. They are those, which are not essential, defining activities of the organization (Core activities) or ones that do not place an organization at a competitive disadvantage or create a risk (Critical but non-core activities). Examples are cleaning and security.
Why core business is on top rather diversified business?
core business is better than diversified business becoz core business focuses only on one business on the other hand diversifes business hass to many business to handle
What is single best source of cash for business?
Collections from customers, because it results from the core operating activities of the business and does not create liabilities.
What is meant by the term Core Business?
In a company that has diverse products or business segments, core business refers to that part of their business they consider their prime are of interest. For example, Starbucks sells coffee drinks, but has also added desserts, lunches, coffee paraphenalia, etc. The coffee drinks would be considered their core business. If they had to narrow their business activities, coffee drinks would be the last to go.
What is operational management?
it consist of all activities that are directly related to producing goods or providing service. it the core of most business organizations it consist of all activities that are directly related to producing goods or providing service. it the core of most business organizations
Why core business is better than diversification?
The core business of a company is the business that it is primarily in. It is generally considered good for a company to focus on its core business and get rid of other businesses unless it has strong synergies or strategic reasons to justify operating other businesses. Companies are usually run by managers who understand the core business best (because that is what is most important) so they can generally run the core business better than non-core businesses. The latter are therefore better run as standalone businesses. Running non-core businesses also means more a complicated management structure and distracts management from the core business.
What is HP's core business How did the company build on this core business?
MLP
What are the main benefits of business outsourcing?
There are a number of benefits of business outsourcing. Some benefits are that it allows a company to focus on core activities, it is cost efficient, overhead is reduced and it allows for staffing flexibility.
What are the five core business processes?
describe the five core business processes
What does bpo do?
A BPO company can take responsibility of a part of your business activity and work for you. In other words, any business can outsource a part of its activities to a BPO company. A business can thus concentrate on the core business while the BPO Company works on your behalf. The services that can be outsourced are customer service, telemarketing, lead generation, HR services, accounts & finance, and much more.
