A Network of Value -Creating Activities Is Called a

question 62

Multiple Choice

A network of value -creating activities is called a

• A)value network.
• B)business strategy.
• C)value chain.
• D)competitive advantage.
• E)primary value activities.

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Definitions:

Planning

Process of anticipating future events and conditions and determining courses of action for achieving organizational objectives.

Organizational Objectives

Specific, measurable goals set by a business or organization to guide its operations and strategic decisions.

Management

The process of planning, organizing, directing, and controlling the resources of an organization to achieve its goals efficiently and effectively.

Analyze

To examine something in detail in order to understand it better or discover more about it.