For a Company to Translate Its Performance of Value Chain

question 9

Multiple Choice

For a company to translate its performance of value chain activities into competitive advantage,it must

• A) develop core competencies and maybe a distinctive competence over rivals and that are instrumental in helping it deliver attractive value to customers or else be more cost efficient in how it performs value chain activities.
• B) have more core competencies than rivals.
• C) have at least three distinctive competencies.
• D) have competencies that allow it to produce the highest quality product in the industry.
• E) have more competitive assets than competitive liabilities.

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Definitions:

Training Initiatives

Programs or projects undertaken by organizations to develop the skills and competencies of their employees, often with specific objectives and outcomes in mind.

Organizational Strategy

A planned course of action designed to achieve the long-term goals and objectives of an organization.

Negative Consequences

Undesirable outcomes that result from an action or lack thereof.

Needs Analysis Process

A systematic approach to identifying and assessing the training requirements of an organization or individuals.