TERMIUM Plus®

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MODULAR HOLD [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1994-03-24

English

Subject field(s)
  • Corporate Management (General)
CONT

Modular companies aren’t a fad. Their streamlined structure fits today's tumultuous, fast-moving marketplace. Outsourcing noncore activities yields two advantages : First, it holds down the unit costs and investment needed to turn out new products rapidly. Second, it frees companies to direct scare capital where they hold a competitive advantage. [The idea is to] focus on a core competency and outsource the rest.

OBS

module: a structural unit or component with a specific function in a larger unit or system.

OBS

Using the modular model, companies can achieve rapid growth with small amounts of capital and a compact management.

French

Domaine(s)
  • Gestion de l'entreprise (Généralités)

Spanish

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