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Explain the concept of "core business" in an organization. Name the organizations and give examples of the core business to explain and illustrate your answer.

Sagot :

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Final answer:

Core business in an organization involves focusing on primary activities essential for success.


Explanation:

Explanation of Core Business:

Core business refers to the primary activities that an organization focuses on to deliver its value proposition and achieve its strategic objectives. These are the central functions essential for the organization's success.

Examples of Core Business:

  • Trading Company: Logistics of delivering goods to customers
  • High-Tech Firm: Design and development of new products
  • Digital Elements in Products: Features like route planning, charge management, temperature control

Learn more about Core Business here:

https://brainly.com/question/39335415


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