System Security and Internet Security Breaches Are Prominent Issues in Value

question 28

Multiple Choice

System security and Internet security breaches are prominent issues in value chain management. What is the major reason for such threats?

• A) In value chain management, outgoing materials get more importance than incoming materials.
• B) Value chain management is internally oriented and focuses on efficient flow of incoming materials.
• C) Value chain management relies heavily on a substantial information technology infrastructure.
• D) Strategic positioning is used in value chain management to exploit competitive opportunities.
• E) Employees misunderstand the purpose of value chain management and resort to old ways of doing things.

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Definitions:

New Management Techniques

Modern and innovative approaches adopted by leadership to enhance efficiency, productivity, and employee engagement.

Going Concern

Going Concern is an accounting principle assuming that a business will continue to operate in the foreseeable future, implying it is not expected to liquidate or significantly curtail operations.

Startup

A young company founded to develop a unique product or service, bringing a new solution or innovation to the market.

Founding Entrepreneur

The individual who establishes a startup or business, taking on the risks and rewards associated with its success or failure.