It Is Becoming More Common to See Manufacturing Firms Use

question 22

Multiple Choice

It is becoming more common to see manufacturing firms use the value chain to take strategic steps to improve the overall profitability of the firm by:

• A) Placing greater emphasis on the value chain.
• B) Moving to an emphasis on upstream activities in the value chain.
• C) Moving to an emphasis on downstream activities in the value chain.
• D) Identifying most profitable customers.
• E) Moving to an emphasis on both the upstream and downstream activities in the value chain.

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Definitions:

Specific Criteria

Distinct or particular standards, requirements, or conditions used for making decisions, evaluations, or selections.

Comparison Groups

In research, groups that are compared to the experimental group to measure the effect of a treatment or intervention.

Goal Displacement

The phenomenon where the primary goal is overshadowed by a secondary goal, leading to a shift in focus away from the original objective.

Family Reunification

The process or policy of bringing together family members who have been separated by geographical distances, political barriers, or other obstacles.