Which of the Following Statements Is True of a Dominant

question 14

Multiple Choice

Which of the following statements is true of a dominant vertical business?

• A)It earns less than 70 percent of its revenue from its main line of business.
• B)It earns more than 95 percent of revenue from its main line of business.
• C)It earns 30 percent of its revenue from business lines across different value chains.
• D)It earns 30 percent of its revenue from businesses located along the value chain.

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Definitions:

Workflow

The movement of work from one point to another in a system.

System

A set of interrelated components that function together towards achieving a particular goal or set of objectives.

Process Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical, contemporary measures of performance, such as cost, quality, service, and speed.

Control

The process of directing, regulating, or managing activities to achieve certain objectives.