While It Is Generally Difficult to Change the Structure of a Value

question 31

True/False

While it is generally difficult to change the structure of a value chain, operations managers can make strategic choices about technology and human resources.

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Definitions:

Product Mix

The complete set of products and services offered by a company to meet customer needs and maximize market coverage.

Anchor Store

A major retail store used to drive business to smaller retailers within a shopping mall or center.

Location

The specific place or position where something exists or is situated, often relevant in context to strategic planning or real estate.

Carrying Inventory

The process of holding goods in stock by a business, awaiting sale or further processing, which involves storage costs and management.