How does e-commerce relate to the value chain concept?
The Internet can increase the speed and accuracy of communication between suppliers, distributors, and customers. Moreover, the Internet's low cost means companies of any size can take advantage of value chain integration, which is the process of multiple companies in a shared market working together to plan and manage the flow of goods, services, and information from manufacturers to consumers. This process optimizes the value chain's efficiency, thus creating a competitive advantage for all companies involved.
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When Kraft focused on cost cutting with its older, established brands, leaving them to wither without much investment or modification, Kraft decided to ________ the older products
A) extend B) modify C) drop D) harvest E) analyze
Effective speakers must be aware of their nonverbal messages. Nonverbal means A) content delivered by visual aids
B) information included on the outline, but not in the speech. C) appearance, movements, and vocal qualities. D) body language only.
Carnegie Mellon's SEI model, ESI International's project framework, and the Center for Business Practices all call their highest level of maturity:
A) Continuous improvement. B) Optimizing. C) Ganbei. D) Comprehensive.
As long as each functional area in a company operates efficiently, their strategies can be very different
Indicate whether the statement is true or false.