Basic business strategies

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Basic business strategies

Key strategies a firm intends to pursue in carrying out its business plan.

Basic Business Strategies

How a company intends to meet its financial needs or goals for the future. Corporate financial planning involves identifying these needs and goals; the company executes a business strategy to achieve them. Simply put, the main financial objective is to make money, and basic business strategies help the company make it. Despite the simplicity of the concept, this can be a complicated process.
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Looking ahead, we plan to continue our basic business strategy of acquiring quality local printers in high-potential metropolitan markets.
Our advice is basic business strategy - tell people what they need to be looking out for and what they need to do to minimise the risk, which includes carrying out fortnightly inspections, sealing letter boxes and turning services off.
As I thought to myself how easy it is to go down that road, I appreciated even more the basic business strategy that NEHA has been following and the commitment that we have made to it.
This type of basic business strategy must be acknowledged, endorsed and cultivated by the senior management of the organization.
Providing benefits to all segments of the world chemical industry is a basic business strategy that we share with ChemConnect, so that was an important factor in our investment decision.
According to Sam Moore, President and CEO of the company, "The primary purpose of this realignment is to organize our Company's structure with our basic business strategy.
This contract is an excellent example of an element of our basic business strategy which involves expansion of our technological capabilities and strengths into related markets outside of our traditional business", said E.
Therefore, as we have recently announced, we have realigned the Company structure with our basic business strategy to develop more products with our established author brands and to begin to identify and build the emerging author brands of the future.
Quarter-to-quarter predictability is currently more difficult than usual, but management remains very confident in the Company's basic business strategy and believes that long-term performance will continue to far surpass the norm.
SMC's mission is to stream the highest quality broadband media in the world, according to Murphy, and its agreement with Telocity supports the SMC basic business strategy.
BSA president Bob Shumaker stated: "BSA International's basic business strategy is to develop strong, long-term relationships with its manufacturers, customers and industry associates.
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