Jenn Has Recently Decided to Take a Value Network Approach

question 10

Multiple Choice

Jenn has recently decided to take a value network approach to create a competitive advantage over her competitors.She is trying this because ___________________.

• A) She frees up internal resources
• B) Her firm can be more nimble in addressing external uncontrollable opportunities and threats
• C) She has an advantage over firms that have high costs associated with performing many of the value chain functions
• D) A & C
• E) A, B & C

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Definitions:

Culture

Represents the shared values, beliefs, behaviors, and artifacts that characterize a group of people or society.

Individualism/Collectivism

A cultural dimension that describes the degree to which people in a society are integrated into groups or are seen as independent and self-reliant.

Masculinity/Femininity

Dimensions of gender identity reflecting cultural norms and values associated with behaviors, roles, and activities traditionally considered masculine or feminine.

Culture

The shared values, norms, behaviors, and artifacts of a group of people that distinguish them from other groups.