MashGet

Core Business from WikiPedia:

The core business of an organization is an idealized construct intended to express that organization's "main" or "essential" activity.

The corporate trend in the mid-20th Century of acquiring new enterprises and forming conglomerates enabled corporations to reduce costsfunds and similar investment vehicles, and sometimes the following of a popular trend among corporate management seeking to appear current and impress investors.

Core business process means that a firm's success depends not only on how well each department performs its work, but also on how well the company manage to coordinate departmental activities to conduct the core business process, which is;

1. The market-sensing process Meaning all activities in gather marketing intelligence and acting on the information.

2. The new-offering realization process Covering all activities in research, development and launching new quality offerings quickly and within budget.

Read more on WikiPedia