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

question 26

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 achieving competitive advantage by performing its value chain activities either more proficiently or at lower cost.
• 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.

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Definitions:

Vibrios

A genus of spiral-shaped bacteria, some species of which can cause foodborne infection, typically acquired from eating undercooked seafood.

Parasites

Organisms that live on or in a host organism and get their food at the expense of their host.

Anaerobes

Organisms, especially bacteria, that do not require oxygen for growth and may even die in its presence.

Biochemical Reactions

Chemical processes that occur within living organisms to maintain life, involving substances like enzymes and hormones in metabolic pathways.