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:

Months

Units of time, approximately 1/12th of a year, used in calendars to segment time.

Maturity Value

The total amount that will be paid to the investor at the end of a fixed-income investment's life.

Months

Units of time, each roughly equivalent to one twelfth of a year, used in planning and organizing.

Rate Of Interest

The percentage of the principal that will be charged for a particular period of time, normally one year.