Value-Chain Analysis Is Used to Identify Activities That Represent, or Can

question 64

Multiple Choice

Value-chain analysis is used to identify activities that represent, or can develop into, the core competencies of a business. Who introduced this concept?

• A) Ford
• B) Toyota
• C) Porter
• D) Smith
• E) Taylor

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Definitions:

Distributive Justice

The perceived fairness of the distribution of resources and rewards among individuals within an organization or society.

Unbiased Decision Maker

An individual who makes choices and judgments that are fair, impartial, and not influenced by personal preconceptions or prejudices.

Equity Theory

A theory of motivation that focuses on individuals' perceptions of fairness in the distribution of rewards and efforts in their relationships or work environments.

Corporate Downsizing

The planned reduction of a company's workforce to improve efficiency or reduce costs, often impacting morale and productivity.