Corporate-based
Relating to or originating from a corporation or business entity. This encompasses systems, structures, strategies, and resources that are primarily driven by corporate interests, objectives, and operational models. It can describe policies, projects, initiatives, or entire industries shaped by the influence and practices of large-scale businesses. corporate-based approaches often emphasize efficiency, profitability, scalability, and market dominance, potentially leading to standardized practices and centralized decision-making. These types of practices are generally not in the control of government intervention but are made by high-level corporate officials.
Corporate-based meaning with examples
- The city's new development plan is heavily corporate-based, prioritizing investments that benefit large businesses. Critics argue this neglects the needs of smaller, locally-owned enterprises and the communities that they serve, leading to gentrification and social displacement. Such a plan could have far-reaching implications.
- The proliferation of corporate-based news sources has raised concerns about media bias. Many reports are slanted to protect the interests of the parent corporations, impacting the free flow of information. This can significantly limit a population's access to unbiased news.
- The development of renewable energy often faces challenges from corporate-based lobbying efforts. Large fossil fuel companies may work to undermine policies that favor solar or wind power, protecting their financial stake in existing energy sources. This is a huge example of an industry's influence.
- The education system's curriculum is increasingly becoming more corporate-based, focusing on skills valued in the job market rather than broad intellectual development. Critics argue this limits students' ability to think critically and explore their diverse interests and is driven by capitalistic pursuits.
- Many non-profit organizations are evolving to take on corporate-based strategies to become more efficient and gain more money. This can mean adopting a more business-like approach to fundraising and program management, aiming for measurable outcomes and greater financial sustainability, creating a more competitive structure.