Which of the Following Is Not One of the Ways

question 50

Multiple Choice

Which of the following is not one of the ways that a company can achieve a cost advantage by revamping its value chain?

• A) Cutting out distributors and dealers by selling direct to customers
• B) Replacing certain value chain activities with faster and cheaper online technology
• C) Increasing production capacity and then striving hard to operate at full capacity
• D) Relocating facilities so as to curb the need for shipping and handling activities
• E) Streamlining operations by eliminating low value-added or unnecessary work steps and activities

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Definitions:

P Value

The probability of obtaining test results at least as extreme as the results observed, assuming the null hypothesis is true.

Two-Tailed

Refers to a type of statistical test that considers both directions of differences or effects, allowing for testing for either an increase or a decrease.

Pearson Correlation

A coefficient that measures the linear correlation between two variables X and Y, giving a value between -1 and 1.

Coefficient

A multiplicative factor in mathematical expressions, often used to describe the relationship between variables in statistical models.