Solutions (Scenario) Ramzy Is the New Strategic Manager for Solutions Tech, Inc

question 13

Multiple Choice

Solutions (Scenario)
Ramzy is the new strategic manager for Solutions Tech, Inc., a management consulting firm dedicated to assisting small businesses in the pursuit of success. He is currently in a meeting with Jassem, who is the owner of a successful small business that creates computer displays for big companies. Ramzy is reviewing the business strategy at Jassem's business and has some recommendations.
-Jassem asked Ramzy about the barriers commonly faced by organizations looking to implement value chain management. Ramzy replied that organizational barriers are among the most difficult for managers to reconcile. An example of such a barrier might include_________ .

• A) employees' refusal to be flexible
• B) the belief that when an organization collaborates, it no longer controls its own destiny
• C) reluctance to share information
• D) mutual trust

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Definitions:

Taxes and Fees

Compulsory charges imposed by government entities or regulatory bodies on business transactions, goods, and services.

Government Agency

An organization under the government that is responsible for the specific area of administration or function according to law.

Simple Payback

A financial metric that calculates the time required to recoup the initial investment in a project or asset through cash inflows or savings.

Cash Flow

The total amount of money being transferred into and out of a business, project, or financial product.