A Company's Value Chain

question 31

Multiple Choice

A company's value chain

• A)consists of the primary activities that it performs in seeking to deliver value to shareholders in the form of higher dividends and a higher stock price.
• B)depicts the internally performed activities associated with creating and enhancing the company's competitive assets.
• C)consists of two broad categories of activities: the primary activities that create customer value and the requisite support activities that facilitate and enhance the performance of the primary activities.
• D)concerns the basic process the company goes through in performing R&D and developing new products.
• E)consists of the series of steps a company goes through to develop a new product,get it produced and into the marketplace,and then start collecting revenues and earning a profit.

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Definitions:

Delphi Technique

A forecasting method that involves gathering the opinions of experts through multiple rounds of questionnaires to reach consensus on future events or decisions.

Skills Inventories

Databases or lists of the skills and qualifications that employees possess, used for managing and planning human resources.

HR Demand Requirements

The specific needs and number of human resources an organization requires to meet its strategic objectives and goals.

Capabilities

The combination of skills, resources, and abilities that an organization possesses to perform its functions effectively.