Managers Who Are Carrying Out Value Chain Management Invest ________

question 131

Multiple Choice

Managers who are carrying out value chain management invest ________ than managers of conventional organizations.

• A)less time and energy
• B)more time and energy
• C)more of their own money
• D)more of the company's money

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Definitions:

Decision-making Authority

The power or right to make decisions within an organization, group, or system.

Free Rider

An individual who benefits from the goods, services, or advantages provided by a group without contributing to the cost or effort involved.

Agency Shop Agreements

Labor agreements that require employees to either join the union or pay a fee equivalent to union dues, even if they choose not to become union members.

Fair Representation

The legal duty of a union to represent all members impartially and effectively, especially in negotiations and grievance processes.