An Example of How Companies Can Revamp Their Value Chain

question 33

Multiple Choice

An example of how companies can revamp their value chain to reduce costs is to

• A)have suppliers locate their plants close to companies' own facilities.
• B)continue to utilize traditional methods of distribution and sales.
• C)not make any changes in product manufacturing but change end distribution methods.
• D)increase extra services to increase staffing requirements.
• E)facilitate the learning curve by providing superior training to new employees.

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Definitions:

Practice

The repeated exercise or performance of an activity or skill so as to acquire or maintain proficiency in it.

Perseveration

is the repetition of a particular response, such as a word, phrase, or gesture, despite the absence or cessation of a stimulus.

Infant's Tendency

Refers to the natural inclinations or predispositions observed in infants, such as tendencies toward certain behaviors or reactions.

Movement

The act or process of changing physical location or position, often referring to the capability of organisms or parts of organisms to do so.