What is a "Core Functions"? The Most Authoritative Explanation.
What are core and supporting functions?
Let’s take a closer look at core and supporting functions: Core business functions: These are the revenue-generating activities that form the foundation of a company’s business model. In manufacturing companies, production is a core function. For a service-based business, delivering the service itself is the core function.What are core business functions?
For example, in a company offering highly customized products, both production and customer service functions might be considered core as they directly impact customer satisfaction and repeat business. Core business functions are the lifeblood of a company, the revenue engines that propel its financial success.What is a core function in a manufacturing company?
In manufacturing companies, production is a core function. For a service-based business, delivering the service itself is the core function. Supporting business functions: These activities indirectly support core functions by providing essential services and resources.Related Articles
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