Analysis of the Competitive Dynamics of The Chinese Medicine Industry Based on The Extended Diamond Model

The Example of A Long-Established TCM Company

Authors

  • Tao Zhang
  • Nianzhang Li
  • Haichen Ding
  • Wenzhuo Xiang

DOI:

https://doi.org/10.54097/fbem.v7i2.5060

Keywords:

Diamond model, Chinese medicine industry, Business management.

Abstract

At present, the shift of China's new crown epidemic policy provides new opportunities for the medical consumer market, and TCM enterprises need to re-optimize their production structure and improve their competitiveness. This paper takes the old TCM enterprises as an example and extends the original diamond model in order to analyze how TCM enterprises can preserve their competitiveness in the new market environment.

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References

Zhang Xiaoya. Research on working capital management from the channel perspective [D]. Guangdong University of Foreign Studies, 2021

Yan Yan, Yang Yajuan, Zhang Lingdan, Xu Huahui. Analysis on the strategic selection (corporate level strategy) of China Beijing Tongrentang (Group) Co., LTD. (600085) [J]. Modern Economic Information, 2015, (24): 61.

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Published

07-02-2023

Issue

Section

Articles