Identifying the primary and secondary activities that comprise a company's value chain

A. is called benchmarking.
B. indicates whether a company's resource strengths will ultimately translate into greater value for shareholders.
C. is the first step in understanding a company's cost structure (since each activity in the value chain gives rise to costs).
D. reveals whether a company's resource strengths are well-matched to the industry's key success factors.
E. is called resource value analysis.


Answer: C

Business

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The ______________________________ process comprises accumulating, classifying, and recording data, fueling the financial reporting, business reporting, and other reporting subsystems

Fill in the blank(s) with correct word

Business

How can companies today reap the benefits of an increasingly global marketplace?

a. By employing workers from different nationalities in or outside their native countries b. By tapping into a larger customer base c. By increasing their product line to match local preferences d. By providing economic assistance to developing countries so that they could start producing the company’s products

Business

A new manufacturing machine is expected to cost $278,000, have an eight-year life, and a $30,000 salvage value. The machine will yield an annual incremental after-tax income of $35,000 after deducting the straight-line depreciation. Compute the payback period for the purchase.

A. 8.7 years. B. 5.4 years. C. 4.2 years. D. 7.3 years. E. 3.8 years.

Business

Charles, who is working for Impulsive Motors for the last 34 years, wants to take voluntary retirement from the company. However, he does not want to leave without receiving the full benefits of the company's retirement plan and therefore stalls his retirement for another year. It is stated in the company policies that a person will only receive all the retirement benefits if he or she has worked in the company for at least 35 years. In this case, the period of 35 years is the _____.

A. grace period B. upliftment period C. vesting period D. tie-up period

Business