A Linked Set of Value-Creating Activities Beginning with Basic Materials

question 108

Multiple Choice

A linked set of value-creating activities beginning with basic materials provided by suppliers and ending with distributors getting the final product into the hands of the ultimate consumer is called a

• A) value chain.
• B) continuum of sustainability.
• C) strategic capability.
• D) fully integrated activity set.
• E) strategic group.

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Definitions:

Human Needs

Fundamental requirements necessary for individual well-being, including physiological, safety, love/belonging, esteem, and self-actualization needs as described by Abraham Maslow.

Self-Fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true, due to positive feedback between belief and behavior.

McGregor

Refers to Douglas McGregor's Theory X and Theory Y, which describe two contrasting models of workforce motivation and management.