When companies begin to implement new business management strategies to achieve three long-term goals - (1) sales revenues, (2) market shares and (3) market position - the formers have already approached domestic and overseas markets with particular investment strategies and business management models. Business firms can allocate resources for their short-term and long-term plans based on a combined output of profits, efficiency, effectiveness and productivity. Cost-based innovation, non-stop human workforce improvement, and up-to-date technological improvement are three essential forces driving a business organization forward. For a specific condition or situation, a business firm also needs capital resources of money and credits to maintain all business operations active and progressive serving internal and external customers at high satisfaction.
Seven Core Business Concepts as a baseline business architecture for business organizations to redefine their future market development strategies:
Core One: Exploring a business organization's invisible strengths for the future market position
Core Two: Climate Changes
Core Three: Exploring overseas markets and enhancing the domestic functions
Core Four: Return on investment
Core Five: Contemporary customer-oriented relationships
Core Six: Shareholder-oriented relationships
Core Seven: Overseas market growth
Core Two: Climate Changes
Core Three: Exploring overseas markets and enhancing the domestic functions
Core Four: Return on investment
Core Five: Contemporary customer-oriented relationships
Core Six: Shareholder-oriented relationships
Core Seven: Overseas market growth
Companies can develop their own business plans and investment strategies from those Seven Core Business Concepts to grown, reinforce and expand for years to come. Companies have preserved their business cultures and employer-employee relationships for decades or centuries; therefore, CEOs and presidents may preview those Core Business Concepts and decide how to improve their corporate financial outputs and market shares in the next 50-year plan. More practical business implementation and on-site researches can validate realistic values of each Core Business Concept in corporate environments.
The value of Seven Core Business Concepts can be blended, adjusted and modified into effective and useful variant formulas for each company's culture and business goals.
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