What Includes Support Value Activities and Primary Value Activities and Is

question 172

Multiple Choice

What includes support value activities and primary value activities and is used to determine how to create the greatest possible value for customers?

• A) Supplier power
• B) Operations management
• C) Porter's Five Forces Model
• D) The value chain analysis

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Definitions:

Publicly Traded

Refers to a company whose shares are available for purchase by the public on stock exchanges.

Tax Burden

The total amount of taxes paid by an individual or business, expressed as a percentage of income.

Piece Rate Plan

A compensation model where workers are paid a fixed sum for each unit of production completed, rather than an hourly wage.

Teamwork

The collaborative effort of a group to achieve a common goal or complete a task in the most effective and efficient way.