Which of the Following Is NOT an Action That a Company

question 53

Multiple Choice

Which of the following is NOT an action that a company can take to do a better job than rivals of performing value chain activities more cost-effectively?

• A) Striving to capture all available economies of scale and taking advantage of experience and learning-curve effects
• B) Trying to operate facilities at full capacity
• C) Adopting labor-saving operating methods
• D) Improving supply chain efficiency
• E) Eliminate product features that might have market appeal,but excessively increase production costs

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Definitions:

Opportunity Cost

The advantages that a person, investor, or company forfeits when they opt for one option instead of another.

Outboard Motors

Engines mounted on the outside of the stern of a boat, used to propel the vessel through the water.

Opportunity Cost

The cost of forgone alternatives when one option is chosen over another.

Outboard Motors

Engine units mounted externally on the rear of a boat, providing propulsion through the water.