To Increase Its Competitive Advantage,HRV Automobiles Seeks to Improve the Efficiency

question 67

Multiple Choice

To increase its competitive advantage,HRV Automobiles seeks to improve the efficiency of its production plants.By doing this,HRV is addressing a _____ in the value chain analysis.

• A) primary activity
• B) secondary activity
• C) support activity
• D) premier activity

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Definitions:

Connectivity

The state or quality of being connected or interconnected, often used in reference to technology, networks, and communication systems.

Wisdom of Crowds

The concept that large groups of people are collectively smarter than individual experts when it comes to problem-solving, decision-making, innovating, and predicting.

Guerrilla Marketing

A marketing strategy oriented towards using cost-effective unconventional methods to achieve the highest outcomes.

Promotion/Communication Technique

Strategies used by marketers to convey messages about products or services to consumers to encourage purchase or engagement.