Value Chain Management Sandy Is the New Strategic Manager for Solutions Tech Ltd

question 77

Multiple Choice

Value Chain Management
Sandy is the new strategic manager for Solutions Tech Ltd, a management consulting firm dedicated to assisting small businesses in the pursuit of success.He is currently in a meeting with Rob, who is the owner of a successful small business that creates computer displays for major Australian and multinational companies.Sandy is reviewing the business strategy at Rob's business and has some recommendations.
-Refer to Value Chain Management (Scenario) .Before making any recommendations, Sandy informed Rob that a ________ is the entire series of organisational work activities that add value at each step beginning with the processing of raw materials and ending with finished product in the hands of end users.

• A)ethical chain
• B)technology chain
• C)supply chain
• D)value chain
• E)financial chain

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Definitions:

1950

A historical year during the mid-20th century characterized by post-World War II recovery, the beginning of the Cold War, and significant cultural and technological changes.

Inflation Rate

The percentage increase in the price level of goods and services in an economy over a period of time, usually measured on a yearly basis.

Eisenhower Administration

The presidency of Dwight D. Eisenhower, the 34th president of the United States, from 1953 to 1961, known for its moderate political stance during the Cold War era.

Federal Government

The national government of a federation, which has specific powers accorded to it by a constitution, distinct from regional governments.