Application of Value Chain Management

question 60

Multiple Choice

Application of Value Chain Management
Glenn is a novice at using value chain management, but realizes that he has to learn more about making it a success and how it is reshaping the office. Glenn has several problems with which he needs help. Here are his perceived needs:
1. comprehensive and seamless integration,
2. new technology,
3. better ways to get work done,
4. vision from people- centered managers, and
5. quality work.
-Glenn needs _____________ for the fourth organizational need.

• A)better management
• B)expert systems
• C)flexible manufacturing systems
• D)leadership

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Definitions:

Accounting

is the systematic recording, reporting, and analysis of financial transactions of a business or individual.

Dividend Income

Income received from owning shares in a company, which is often taxable at different rates than regular income.

Distribution

The action of sharing something out among a number of recipients, often used in the context of financial assets or dividends.

Transferors Own 80%

A situation in a business transaction where the original owners or transferors retain an 80% ownership interest in the property or entity after the transaction is completed.