What are the various support activities in a value chain?
What will be an ideal response?
The support activities in the generic value chain contribute indirectly to the production, sale, and service of the product. They include procurement, which consists of the processes of finding vendors, setting up contractual arrangements, and negotiating prices. Supporting functions add value, albeit indirectly, and they also have costs. It is difficult to calculate the margin for such activities because it is difficult to know the specific value added by a support activity.
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Qualitative information is only relevant for decision making if it can be quantified.
Answer the following statement true (T) or false (F)
Large-scale marketing approaches that foster two-way customer relationships are made possible by new communication technologies
Indicate whether the statement is true or false
In a formal RFP, what is the table of contents used for?
A) To show an understanding for the client's needs B) To propose a solution that meets the needs listed in the RFP C) To propose a competitive fee D) To make information easy to find E) To provide a quick overview of the key ideas
A recent conceptualization of followership proposed by Uhl-Bein and colleagues suggests that followership is a process that includes how followers and leaders interact to ______ leadership and its outcomes
A. accomplish B. study C. explain D. construct