In Regard to the Value Chain Model, Efficiency, Cost and Cycle

question 58

Multiple Choice

In regard to the value chain model, efficiency, cost and cycle time would be most related to

• A)suppliers
• B)inputs
• C)value creation processes
• D)outputs and outcomes

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Definitions:

Skunkworks Teams

Small, autonomous, highly innovative groups within an organization tasked with working on advanced or secret projects.

Bureaucratic Rules

Formalized guidelines and procedures designed to standardize operations, often within a large organization or government agency.

Top Management

Pertains to the highest level of executives who are responsible for the overall direction and strategy of an organization.

Organizational Environment

The external and internal factors that influence an organization's operations, such as economic conditions, competitors, and company culture.