A Company That Does a First-Rate Job of Managing Its

question 171

Multiple Choice

A company that does a first-rate job of managing its value chain activities relative to competitors:

• A) is likely to have more distinctive competencies than rivals.
• B) stands a good chance of profiting from its competitive advantage.
• C) is almost certainly going to have a longer and more profitable value chain.
• D) usually has strong proficiencies in activity-based costing and benchmarking.
• E) usually has the fewest primary activities and the lowest costs in the industry.

---

Definitions:

Unconscious Functions

Mental processes not present in current awareness but can influence thoughts, feelings, and behaviors.

Breathing

The process of inhaling and exhaling air in order to facilitate gas exchange within the lungs.

PET Scan

A medical imaging technique that uses radioactive tracers to visualize and measure changes in metabolic processes and other physiological activities in the body.

fMRI

Functional Magnetic Resonance Imaging, a neuroimaging procedure that measures brain activity by detecting changes associated with blood flow.