Potential Benefits Are the Process of Analyzing an Organization's Activities

question 138

True/False

Potential benefits are the process of analyzing an organization's activities to determine where value is added to products and/or services and the costs incurred for doing so;this process usually also includes a comparison with the activities,added value,and costs of other organizations for the purpose of making improvements in the organization's operations and performance.

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Definitions:

ROA Improvement

Strategies or actions taken to increase the Return On Assets, which measures how efficiently a company uses its assets to generate earnings.

Channel Structure Management

The process of designing, organizing, and monitoring the distribution channels of a company to efficiently move goods or services from producers to end-users.

Supply Chain Process

The series of steps involved in producing and distributing goods or services, from raw material acquisition to delivery to the end user.