Firms Can Use Value-Chain Activities to Create Value by Either

question 177

Multiple Choice

Firms can use value-chain activities to create value by either finding better ways to perform the same activities or by ________.

• A) integrating new activities into the chain
• B) finding different ways to perform the same activities
• C) aligning with other firms to merge activities
• D) changing activities to match what competitors are doing

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Definitions:

Personality Development

The formation and maturation of an individual's personality over time, influenced by genetic, environmental, and social factors.

Actively Participate

To take part in an activity or event in a way that involves engagement, contribution, or involvement.

Stimulation

The encouragement of development or increased activity in oneself or others, often through external inputs or environments.

Ambiguous

Something that can be understood in more than one way; lacking clearness or definiteness.