Which of the Following Is NOT One of the Ways

question 96

Multiple Choice

Which of the following is NOT one of the ways that a company can achieve cost-efficient management of its value chain activities?

• A) Striving to ensure a corporate diversity policy is introduced with effective controls
• B) Using the company's bargaining power vis-à-vis suppliers or others in the value chain
• C) Being alert to the cost advantages of outsourcing or vertical integration
• D) Striving to capture all available economies of scale
• E) Motivating employees through incentives and company culture

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Definitions:

Adverse Selection

A situation where asymmetric information results in high-risk parties being more likely to engage in agreements than low-risk parties.

ISO 9000 Certified

A designation indicating that an organization complies with the standards of quality management and assurance specified by the International Organization for Standardization.

Typing Skills

The ability to input text into a computer or typewriter quickly and accurately, often measured in words per minute.

Full Coverage

Refers to insurance policies or warranties that offer comprehensive protection against a wide range of potential damages or losses.