Value Chain Analysis Has a Direct Application to Manufacturing Businesses

question 79

True/False

Value chain analysis has a direct application to manufacturing businesses.

---

Definitions:

MBO Programs

"Management by Objectives" programs, a strategic management model where employees and managers collaboratively set, track, and achieve specific objectives for better organization performance.

Management

The process of planning, organizing, leading, and controlling resources to achieve organizational goals efficiently and effectively.

Flex-Time

An alternative work schedule in which arrival and departure times are flexible.

MBO Programs

Management by Objectives (MBO) programs are systematic and organized approaches that aim to align employees' performance with the organization's goals by setting clear and measurable objectives.