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.

References in periodicals archive ?

The company's growth and success, according to the founders, can be attributed to the basic business strategies adhered to by management all these years.

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Some basic business strategies won't change, though, including straddling the line between being fast food and full service.

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Embree's pep talk lures the reader into the more methodical chapters on organization of thoughts and basic business strategies for authors.

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The plan outlines the basic business strategies of Konica Minolta Holdings which was established Aug.

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I'm not by any stretch of the imagination willing to admit that department stores have actually started to address the critical and most likely fatal flaws in their basic business strategies.

MAY CULPA

The two basic business strategies, Arthur argues, are market differentiation and cost minimization, and the two basic HR approaches are commitment and control HR systems.