Value Chain Activities

question 7

Multiple Choice

Value chain activities

• A) are used to identify the industry profit pool that the firm should target.
• B) show that there are multiple means that can be used to implement a business strategy.
• C) focus on the links between primary activities, because these are the true source of competitive advantage for the firm.
• D) can be used in not-for-profit organizations if the analysis focuses on support activities.

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Definitions:

Economy of Canada

The economic structure of Canada, characterized by its extensive natural resources, highly developed trade networks, and diverse sectors including manufacturing, services, and technology.

Family of Origin

Refers to the family unit one is born into, which plays a significant role in shaping an individual's early life experiences, values, and personality.

Possibilities and Limitations

Concepts referring to the potential and constraints in achieving certain goals or outcomes within given contexts or systems.

Weber's Concept

Refers to the theories and methodologies introduced by sociologist Max Weber, including the notion of bureaucracy, Protestant ethic, and the significance of social actions in understanding society.