nonstrategic
not related to achievement of long-term goals not related to the long-term objectives of an organization or the resources used to achieve those objectives
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not related to achievement of long-term goals not related to the long-term objectives of an organization or the resources used to achieve those objectives
usage of all items in terms of volume and strategic/nonstrategic stock. Identify key products that must be available on demand. Classify products in terms of importance to overall turnover but not in big product families or in other broad product groupings. Focus attention on the items that produce
that have relatively low demand volatility while outsourcing non-strategic, low-value manufacturing and logistics services. It is important to be very selective in building a strong web of vendors and closely managing the vendor network. For each new product, the firm must capitalize on the varying expertise
By Vinod Lall
TermDefinitionLBOLeveraged buyout. Acquisition in which a nonstrategic bidder acquires a listed or non-listed company utilizing funds containing a proportion of debt that is substantially above the industry average. If the acquired company is listed, it is subsequently delisted (in a going
By Luc Renneboog
perhaps nonstrategic markets. Using the region as a European, and sometimes even global, manufacturing site. Desire and action to take control over the business, and not leave business and brand-related items to local distributors. To move from an opportunistic approach to the region to a more systematic
By Nenad Pacek
Definitions of ’nonstrategic’ and meaning of ’nonstrategic’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’nonstrategic’ and other financial terms with our online QFINANCE Financial Dictionary.