What Is a Professional Corporation?
A professional company is a company composed of the same industry, producing similar products or similar parts, or the same process with a combination of enterprises. It is mainly formed by horizontal integration in industrial production.
Professional firms
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- Chinese name
- Professional firms
- Foreign name
- Professional Company
- Divide
- Industry, product, component, process
- Definition
- Companies engaged in only one industry
- A professional company is a company composed of the same industry, producing similar products or similar parts, or the same process with a combination of enterprises. It is mainly formed by horizontal integration in industrial production.
- It is a horizontal and independent supporting organic whole composed of specialized factories such as finished product assembly plants, main engine factories, machine parts factories, parts factories, foundries, mold factories, equipment maintenance factories, such as the automotive industry company. .
- It is organized on the basis of product specialization. It organizes factories that produce similar products with different specifications and models and different performances, such as bicycle companies and electrical companies.
- It is based on parts and components. On the basis of product standardization, generalization and serialization, it specializes in the centralized production of similar parts. It is suitable for complex product structures, and parts can be decomposed, and has universal characteristics, such as standard parts companies, ball bearing companies.
- It takes the production process as the object and organizes the specialized centralized production of similar processes. It must be a process that can be decomposed, and has the characteristics of universality and easy transportation, such as foundry companies, electroplating companies, etc.