On Core Competence Of Specialized Market

Specialized market is an innovation in the field of commodity circulation in the milieu of Chinese specific system. It is a commodity circulation enterprise with Chinese characteristics. With the reform of market economy deepened and the openness of commodity circulation to the outside world intensified, the environment for the development of specialized market in China has greatly changed and a series of challenges have arisen. Therefore, innovation and transformation are urgently called for. However, research on this aspect is far from sufficient in the academic circle in China. Given this, this thesis investigates the issue concerning core competence of specialized market by drawing on the theory on core competence of enterprise with a view to maintaining the sustainable advantage in competition for the specialized market and providing reference for management innovation.The research adopts combined methods, both theoretical and positive, inductive and deductive, as well as contrastive analysis. The investigation into the core competence of specialized market is based on the theories of enterprises' core competence, modern commodity circulation and management. The technical process of this research can be described as: theoretical investigation-contrastive analysis-positive study.Firstly, after giving a brief introduction of the origin of the theory of enterprises' core competence as well as the nature and features of core competence, a theoretical analysis is focused on the nature and components of core competence for specialized market. It is argued that the core competence for specialized market is the integration of knowledge and techniques which is rooted in the general nature of specialized market and can sustain the reduction of cost in commodity exchange. Skills for Core product management, techniques for organization and coordination (including modern information technology),...