On a Value-Chain Analysis Using an SPA,a Firm Determines That

question 12

Multiple Choice

On a value-chain analysis using an SPA,a firm determines that its performance is low in the area of operations.Operations is an area of low importance to the firm.Which of the following would be the best recommendation for the firm?

• A) Do not focus additional effort on operations.
• B) Focus more effort and resources on operations.
• C) Modify the value chain to emphasize operations.
• D) Re-evaluate how the firm handles current operations.

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Definitions:

Socioeconomic Status

A social standing or class of an individual or group often measured by education, income, and occupation.

Longevity

The length of time an individual lives, often used in the context of life span extension and quality of life.

Functional Age

Measure of a person’s ability to function effectively in his or her physical and social environment in comparison with others of the same chronological age.

Geriatrics

The branch of medicine focusing on the health, care, and diseases of older adults and the challenges associated with aging.