Value Chain Analysis Is a Tool Used To

question 60

Multiple Choice

Value chain analysis is a tool used to:

• A) analyze a firm's external environment for value-creating opportunities.
• B) analyze a firm's value chain activities and support functions in isolation from its competitors' value chain.
• C) understand the parts of the firm's operation that create value and those that do not.
• D) identify the firm's core competencies in each of the primary activities of the firm.

Recognize the impact of digitization on information storage and transmission.

Understand the concept and purpose of digital rights management.

Distinguish between copyrightable materials and non-copyrightable facts.

Identify and differentiate among the types of currencies, placing emphasis on cryptocurrencies.

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Definitions:

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Extraversion

A personality trait characterized by sociability, talkativeness, assertiveness, and high amounts of emotional expressiveness.

Openness

One of the five major dimensions of personality, characterized by an appreciation for art, emotion, adventure, and unusual ideas; imaginative and curious individuals.

Agreeableness

A personality trait characterized by compassion, cooperativeness, and a desire to maintain positive social relations.