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The basic definition of core vs. context is simple.Activities that differentiate the company in the
marketplace are defined as core.All other activities, including many mission-critical operations,
are context.Context tasks and projects steal precious resources - time, talent, and management
attention - from core.In order to be sure of allocating these scarce resources where they count
most (i.e., building dominant or leading share in target markets) plentiful resources such as
capital (including stock), software packages, and outsourced service providers, should be
consumed in essential context activities. The internet now provides us with a platform on which a
huge number of companies are able to offer cost-effective services.Thus, operations that are
context for one company are core for another company, and can be outsourced to the latter.As
you will see toward the end of this section, this new model provides B2B service providers with a
powerful marketing argument to promote their services.
Jdurrah
What else can I help you with?
How can one effectively write a business objective?
To write an effective business objective, clearly define the goal, make it specific and measurable, align it with the overall business strategy, and ensure it is realistic and achievable within a set timeframe.
What is aligning compensation strategy with HR strategy and business strategy?
aligning compensation strategy with hr strategy and business strategy would simply mean that the designing of a company's compensation strategy should be in such a way that it should support its HR as well as business strategy.
Once a business determines that change needs to occur what should the business create?
business strategy
What are different types of business strategy?
There are several different types of business strategies that include acquisition strategy and competitive strategy. Other types of strategy are cost strategy, niche strategy, and growth strategy.
Describe corparate level strategy and business level strategy?
The difference between corporate and business level strategy is that their operations are inter-industry and intra-industry respectively. Whereas corporate level strategy is concerned in what business to deal with, business level strategy is concerned with how to compete within a particular business.
What are the major characteristics that define e-business?
Supply Chain level,Departments and Enterprise level Strategy are the major characteristics of E-business.
How may you define strategy and relate your definition to the concept of knowledge in the making?
define strategy
What is the definition of strategy evaluation?
the broad collection of decision rules and guideline that define a business scope and growth direction
How should we integrate e-business strategy with existing business and IS strategy?
How Management of Technology Innovation integrated with business strategy
How can one effectively write a business objective?
To write an effective business objective, clearly define the goal, make it specific and measurable, align it with the overall business strategy, and ensure it is realistic and achievable within a set timeframe.
What is aligning compensation strategy with HR strategy and business strategy?
aligning compensation strategy with hr strategy and business strategy would simply mean that the designing of a company's compensation strategy should be in such a way that it should support its HR as well as business strategy.
What is Ford's business level strategy?
What is Ford's business level strategy?
Once a business determines that change needs to occur what should the business create?
business strategy
How does enterprise software enable a business to use industry-proven best practices?
Enterprise software enable a business to use industry-proven best practices when he define clear her mission and good strategy.
What is the technical definition of strategy?
The technical definition of strategy is the plan which and principles with the tactics relating to use of the technologies in the business. It is a business strategy to have a plan for a business.
What are different types of business strategy?
There are several different types of business strategies that include acquisition strategy and competitive strategy. Other types of strategy are cost strategy, niche strategy, and growth strategy.
Is the IT strategy based on the business strategy?
Yes all IT strategies based on business strategies as IT is also one of the growing business ways in today's computer age. All strategies of a business, including its IT strategy, should be aligned with its overall business strategy.
