As Part of Refreshing Her Memory on Operations Management, Catrina

question 50

Multiple Choice

As part of refreshing her memory on operations management, Catrina analyzes value chains, and the requirements that are necessary for adopting a successful value chain strategy. She recognizes that the main goal of managing a value chain is to _________________.

• A) meet and exceed customers' needs
• B) improve the profit situation of the company
• C) make investors and owners happy
• D) ensure trained and knowledgeable employees
• E) implement the most up-to-date technology available

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Definitions:

Superior Court

A type of state or provincial court in some jurisdictions that has general jurisdiction over civil and criminal cases.

Criminal Matters

Legal issues that involve violations of criminal law, which governs offenses against the state or public order.

Civil Matters

Legal issues and disputes that involve private rights and relationships between individuals or organizations, rather than criminal offenses.

Federal Court

A court established by the federal government that has jurisdiction over cases involving federal laws, interstate matters, or other cases as defined by the constitution or federal legislation.