Jenn Has Recently Decided to Take a Value Network Approach

question 55

Multiple Choice

Jenn has recently decided to take a value network approach to create a competitive advantage over her competitors.She is trying this because ___________________.

• A)She frees up internal resources
• B)Her firm can be more nimble in addressing external uncontrollable opportunities and threats
• C)She has an advantage over firms that have high costs associated with performing many of the value chain functions
• D)Both she frees up internal resources and she has an advantage over firms that have high costs associated with performing many of the value chain functions
• E)She frees up internal resources, Her firm can be more nimble in addressing external uncontrollable opportunities and threats, and She has an advantage over firms that have high costs associated with performing many of the value chain functions

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Definitions:

Longest Expansion

A period characterized by sustained economic growth and expansion, often measured by GDP growth, without a recession.

World War II

A global conflict that occurred from 1939 to 1945, involving most of the world's nations, including all of the great powers, eventually forming two opposing military alliances: the Allies and the Axis.

Disinflation

A decrease in the rate of inflation, indicating a slowdown in the rate at which prices for goods and services increase.

Rate of Inflation

The rise in the average cost of goods and services across an economy over a specific period.