Core Competency of the Corporation and Market Competition
Yuan Jun
Abstract
Yuan Jun
Abstract
Under the situation of economic globalization,facing some multi-national corporations' access on a large scale,an enterprise have to participate in market competition based on its core competency.This article summarizes connotation and function of core competency of an enterprise,discusses development modes of multi-business strategy and the relationships between technical innovation and core competency and proposes basic countermeasures about how to cultivate and promote core competency of an enterprise.
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Under the situation of economic globalization,facing some multi-national corporations' access on a large scale,an enterprise have to participate in market competition based on its core competency.This article summarizes connotation and function of core competency of an enterprise,discusses development modes of multi-business strategy and the relationships between technical innovation and core competency and proposes basic countermeasures about how to cultivate and promote core competency of an enterprise.
Key concepts: Core competency, Corporation, Core (optical fiber), Business, Competition (biology), Connotation, Function (biology), Scale (ratio)