In Conducting a Value Chain Analysis, a Manager at a Small

question 51

Multiple Choice

In conducting a value chain analysis, a manager at a small manufacturing firm looks at a particular department within the company and sees that its activities are proprietary to the company's yet common across the industry. In this case, the manager would:

• A)​Definitely work toward outsourcing this activity.
• B)​Definitely work toward keeping this activity in-house.
• C) ​Want to consider outsourcing this activity, sell the unit involved, or lease the unit's services to other firms.
• D) ​Try to make the activity less proprietary.

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Definitions:

Gender

Socially constructed roles, behaviors, expressions, and identities of girls, women, boys, men, and gender diverse people.

Contingency Model

A leadership theory that suggests the effectiveness of a leader depends on the context of the situation and the leader’s ability to adapt to it.

Task-oriented Leader

A leader who focuses primarily on the completion of tasks and achieving specific goals through organization and directive strategies.

Relationship-oriented Leader

A leader who focuses on developing good relationships with their team members and is concerned with their workers' emotions and needs.