Liuyang Best Fireworks Company Core Competitiveness

On the basis of summarizing different perspectives of the core competence of both domestic and foreign scholars, the paper made a theoretical exposition of the core competence and the related conception of competitive advantage, pointing out the significance of the core competence of enterprises. Through the status quo-research, the paper summarized competitive advantages as well as disadvantages of Liuyang Best Fireworks Co., Ltd. Then, it identified the forming and the unformed core competence. Following that, it pointed out the reasons why the core competence is arduous to form. Afterwards, according to the recent fireworks market together with the situations of enterprises, the paper indicated the importance of retaining and upgrading the core competence of Liuyang Best Fireworks Co., Ltd. with feasibility explanation and approaches expounding. In addition, with clearly putting forward the trend of the development of the fireworks, the paper brought forward the importance of both cultivating new core competence and syncretizing with the present core competence, what's more the way to cultivate new core competence. The paper designed a set of evaluating indicators and an evaluating model, which made a solid foundation for the firework enterprises to carry out the evaluation and make some improvements in time.