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.

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Definitions:

Progeny

Progeny are the offspring or descendants of living organisms, representing the next generation.

Totipotency

The ability of a cell to differentiate into any type of cell in an organism, including the extraembryonic or placental cells.

Genes

Genes are units of heredity made up of DNA, responsible for guiding the process of creating proteins that in turn, dictate cell function.

Differentiation

Development toward a more mature state; a process changing a young, relatively unspecialized cell to a more specialized cell. Also called cell differentiation.