Which of the following areas within a company's total value chain system can managers use to improve efficiency and effectiveness?
A) A company's own internal activity segments,the suppliers' part,and the forward (distribution)channel portion of the value chain system
B) A company's reinforced activities identified as efficiency measures for improved effectiveness
C) A company's comparative disadvantages schedule identified with benchmarking practices
D) None of these.
E) All of these.

Question

Quizplus · Accepted Answer

Managers can improve efficiency and effectiveness by focusing on a company's own internal activity segments, the suppliers' part, and the forward (distribution) channel portion of the value chain system. By optimizing these areas, managers can reduce costs, improve quality, and enhance customer value. Reinforced activities identified as efficiency measures (B) and comparative disadvantages schedule identified with benchmarking practices (C) can also be useful tools, but they are not areas within the total value chain system that managers can directly control and improve. Therefore, option A is the best choice.

Which of the Following Areas Within a Company's Total Value