Which of the Following Is a Potential Drawback of Value

question 43

Multiple Choice

Which of the following is a potential drawback of value chain analysis?

• A) It offers a heavily market-based view
• B) It depends on information systems to provide useful data
• C) It requires managers to set aside time from their regular duties to examine data
• D) It requires thorough knowledge of financial ratios if it is to be done right

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Definitions:

Public Relations

The professional maintenance of a favorable public image by a company, other organization, or famous person.

Postpurchase Stage

Refers to the stage after a purchase has been made, involving customer evaluation of the product and their satisfaction, which can influence future purchasing decisions.

Consumer Journey

The complete experience a customer goes through when interacting with a brand or product, from initial awareness to post-purchase feedback.

Personal Selling

A direct marketing strategy that involves face-to-face sales presentations to potential buyers.