Which of the following is a main requirement for successful value chain management?
A) competition
B) R&D
C) organizational structure
D) coordination

Question

Quizplus · Accepted Answer

Coordination is a main requirement for successful value chain management as it involves managing the relationships and collaborations between different stakeholders within the value chain, such as suppliers, distributors, and retailers, to ensure the smooth flow of goods and services from production to consumption. Effective coordination can lead to reduced costs, increased efficiency, and improved customer satisfaction. While competition, R&D, and organizational structure may also be important factors, they are not the main requirement for successful value chain management.

Which of the Following Is a Main Requirement for Successful