A company that does a first-rate job of managing its value chain activities relative to competitors:
A) is likely to have more distinctive competencies than rivals.
B) stands a good chance of profiting from its competitive advantage.
C) is almost certainly going to have a longer and more profitable value chain.
D) usually has strong proficiencies in activity-based costing and benchmarking.
E) usually has the fewest primary activities and the lowest costs in the industry.

Question

Quizplus · Accepted Answer

A company that manages its value chain activities well relative to competitors is likely to have a competitive advantage, which in turn can lead to higher profits. Effective management of value chain activities can result in cost savings, increased efficiency, and higher quality products or services, which can all contribute to a company's success.

A Company That Does a First-Rate Job of Managing Its