A Company's Value Chain Identifies

question 14

Multiple Choice

A company's value chain identifies

• A)the steps it goes through to convert its net income into value for shareholders.
• B)the primary activities that create value for customers and related support activities.
• C)the series of steps it takes to get a product from a raw materials stage to a finished product.
• D)the activities it performs in transforming its competencies into distinctive competencies.
• E)the competencies and competitive capabilities that underpin its efforts to create value for customers and shareholders.

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Definitions:

Qualified Substitute

An individual deemed capable and meeting the necessary criteria to temporarily replace another professional or role.

Breach of Duty

The failure to meet a standard of care or conduct that is expected in a given circumstance, leading to legal liability.

Subpoena Duces Tecum

A legal document ordering an individual to appear in court with specified documents or evidence.

Malfeasance

The performance of an act by a public official that is legally unjustified, harmful, or contrary to law; wrongdoing (used especially of an act in violation of a public trust).