Which of the Following Is an Advantage of the Value

question 31

Multiple Choice

Which of the following is an advantage of the value chain?

• A)It helps to identify which activities represent a firm's competitive strength.
• B)It provides guidance about a firm's strength relative to its competitors.
• C)It can be used to know what a firm is better at than relevant competitors.
• D)It provides customers with an insight into a company's production processes.

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Definitions:

Media Database

A comprehensive repository of media contacts and outlets, used by public relations professionals to streamline their outreach efforts.

Bloggers

Individuals who create and manage content on a blog, which can range from personal insights to informative or review-based articles.

Product Launches

The planned and coordinated effort to bring a new product to the market and make it available to consumers.

Social Buzz

The widespread talk or attention a topic receives on social media platforms, often driven by public interest or notable events.