Each Department in a Company That Carries Out Value-Creating Activities

question 157

Multiple Choice

Each department in a company that carries out value-creating activities can be thought of as a link in the company's ________.

• A) channel of intermediaries
• B) external value stream
• C) demand chain
• D) internal value chain
• E) supplier chain

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Definitions:

Praise Lavishly

The act of giving excessive or extravagant compliments, often to motivate or reinforce positive behavior.

Rational Persuasion

Using logical arguments and factual evidence to convince someone of a particular point of view.

Exchanging Favors

The practice of mutual assistance where participants provide services or help to each other with an expectation of reciprocation.

Machiavellian Techniques

Strategies based on cunning, manipulation, and the use of power for personal gain, inspired by the philosophy of Niccolò Machiavelli.