Which of the Following Areas Within a Company's Total Value

question 54

Multiple Choice

Which of the following areas within a company's total value chain system can managers use to improve efficiency and effectiveness?

• A) a company's own internal activity segments, the suppliers' part, and the forward (distribution) channel portion of the value chain system
• B) a company's reinforced activities identified as efficiency measures for improved effectiveness
• C) only the internal activity segments
• D) only the suppliers' part
• E) only the distributors' channel portion

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Definitions:

Purchasing Power

The ability of an individual or entity to buy goods and services, generally influenced by income and price levels.

Per Capita Income

A measure of the average income earned per person in a certain area in a specified year.

Economic Forces

Fundamental market pressures that influence the supply, demand, and pricing of goods and services within an economy.