Multinationals like Honda Motor Co. and Walmart stores have designed programs to work closely with their suppliers to help them reduce their costs and improve quality. This illustrates the importance of an efficient ________.
A)business model
B)low-cost operator
C)product mix
D)value-delivery network
E)problem-solver

Question

Quizplus · Accepted Answer

The term "value-delivery network" refers to the interconnected group of companies, suppliers, and intermediaries that work together to deliver a product or service to the end customer. In this scenario, Honda and Walmart are working closely with their suppliers to improve their efficiency and quality, which is a key aspect of optimizing the value-delivery network. Therefore, the best choice is D - value-delivery network.

Multinationals Like Honda Motor Co