Which of the Following Is Not One of the Ways

question 22

Multiple Choice

Which of the following is not one of the ways that a company can achieve a cost advantage by revamping its value chain?

• A)Eliminating distributors and dealers by selling direct to customers
• B)Replacing certain value chain activities with faster and cheaper online technology
• C)Increasing production capacity and then striving hard to operate at full capacity
• D)Relocating facilities so as to curb the need for shipping and handling activities
• E)Streamlining operations by eliminating low value-added or unnecessary work steps and activities

Learn about the impact of sociological research on societal perceptions and policy.

Understand how to calculate profit margin on sales.

Interpret financial ratios and their implications for business decisions.

Analyze the maximum debt ratio a firm can use based on financial constraints.

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Definitions:

Respondent Behavior

A type of behavior that occurs as an automatic response to a specific stimulus, typically conditioned through association.

Operant Behavior

Behavior that is controlled by its consequences, including rewards and punishments, in the context of behaviorism.

Token Economy

A behavioral modification system where desired behaviors are reinforced with tokens that can be exchanged for rewards.

Collective Unconscious

The collective unconscious is a concept proposed by Carl Jung, referring to the part of the unconscious mind that is derived from ancestral memory and experience and is common to all humankind.