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Like many western companies, it has contracted out non-core activities such as catering and transport.
They want non-core activities, such as transport, storage, maintenance, accounting and health care to be privatised or outsourced.
For a start, Anglo needs to do more to shed "non-core" activities and concentrate on natural resources.
YouGov said yesterday that it has responded to its "disappointing performance" by cutting back on non-core activities and reducing operating costs.
Under Michael Jackson – and to a lesser extent under his successors – Channel 4 has squandered the best part of £300m on non-core activities: nearly all its accumulated post-tax profits since 1990.
In America, which accounts for almost half of the world's letter volume and over a quarter of its postal revenue, the post is constrained from engaging in non-core activities such as banking.
Similar(38)
Other resource constraints were highlighted, such as lack of time (54 %) which supports previous findings that many SMEs, particularly those at the smaller end-of-the-size spectrum and that are often sole traders or owner-managed, do not have the dedicated manpower to investing in what is often perceived as a non-core activity.
This act is unlike the large organizations which outsource more of their non core activities.
The choice of these two theories stems from the fact that, SMEs outsourcing entails both the core and non core activities.
The four strategies are further discussed below: Back office activities are the non core activities that an organization needs to pave way for the day to day running of their office/business.
This finding further supports resource-based thinking which as postulated by CK Prahalad and Gary Hamel stipulate that firms benefit more when resources are channeled towards core activities while the non core activities such as back office activities are contracted to an outside vendor (Prahalad & Hamel, 1990).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com