Jiu Mao Jiu's business subtraction: abandonment of unprofitable businesses and industry reform

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In today's business environment, corporate decisions are often affected by a variety of factors. Jiu Mao Jiu's abandonment of some unprofitable businesses is not a simple isolated behavior, but is closely related to the development trend of the entire industry. Although the rise of machine translation technology seems to be far away from the catering industry, it has a subtle influence on information dissemination, market analysis and other aspects. Through machine translation, companies can more easily obtain information on the international market and understand the taste preferences and needs of consumers in different regions, thereby providing a basis for product innovation and market expansion. At the same time, in internal management, machine translation helps to efficiently process information from employees and partners from different language backgrounds, improving communication efficiency and work collaboration.

For Jiu Mao Jiu, its decision to reduce its business was also driven by market changes. With the increasing diversification of consumer demand and the intensification of competition, companies need to more accurately position and optimize their business layout. Businesses that perform poorly in the market and have difficulty making profits, such as grilled fish, hot pot and pancakes, have become the targets of adjustment. This adjustment does not mean that these businesses themselves have no value, but that resources need to be reallocated and integrated under specific market environments and corporate strategies.

From a more macro perspective, the development of machine translation technology has promoted the integration of the global economy. When facing domestic and foreign markets, enterprises can adapt and integrate more quickly. Catering companies such as Jiu Mao Jiu also have the opportunity to expand overseas markets or introduce advanced management experience and cooking techniques from abroad with the convenience brought by machine translation. However, machine translation is not perfect. When processing some information with cultural characteristics and emotional colors, deviations or misunderstandings may occur. This requires enterprises to combine manual review and correction while using machine translation to ensure the accuracy and effectiveness of information.

Jiu Mao Jiu's adjustment of its business strategy is a positive response to market changes and a microcosm of the continuous optimization of management and business models under the influence of technologies such as machine translation. In the future, with the continuous advancement of technology and further development of the market, companies need to continue to innovate and change in order to remain invincible in the fierce competition.