A Company's Value Chain Identifies

question 59

Multiple Choice

A company's value chain identifies:

• A) the steps it goes through to convert its net income into value for shareholders.
• B) the primary activities and related support activities it performs in creating customer value.
• C) the series of steps it takes to get a product from the raw materials stage into the hands of end users.
• D) the activities it performs in transforming its competencies into distinctive competencies.
• E) the competencies and competitive capabilities that underpin its efforts to create value for customers and shareholders.

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Definitions:

Structural Functionalism

A sociological theory that views society as a complex system whose parts work together to promote solidarity and stability, emphasizing the interdependence of social institutions.

Symbolic Interactionism

A sociological perspective that focuses on how people use symbols and meanings to communicate and create social life.

Cultural Leveling

A process in which cultures that were once distinct become increasingly similar to one another through globalization and international communication.

Cultural Diffusion

The spread of cultural beliefs and social activities from one group to another, including the sharing of language, religion, technologies, and more.