What Is It Called When Companies Focus on the Things

question 30

Short Answer

What is it called when companies focus on the things they do best and outsource other functions to key partners? ________________________________________

---

Definitions:

Prejudiced Against

Holding preconceived negative judgments or opinions about a group or individual based on characteristics like race, gender, or religion, without fair justification.

Minority Groups

Social groups that are differentiated from the majority in a society through cultural, ethnic, racial, or religious characteristics.

Highly Cohesive

Highly cohesive describes a group or material that sticks together strongly, in social contexts referring to a group closely united in purpose or function.

Strategic Planning

The process of defining a direction for an organization by setting goals, determining actions to achieve the goals, and mobilizing resources to execute the actions.