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 achieving competitive advantage by performing its value chain activities either more proficiently or at lower cost.
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 effectively manages its value chain activities relative to competitors will be able to achieve a competitive advantage by performing those activities either more proficiently or at a lower cost than competitors. This can lead to increased profitability and potentially a longer value chain as the company expands its operations and improves its processes. However, this does not necessarily mean the company has more distinctive competencies than rivals or a strong proficiency in activity-based costing and benchmarking, and it may or may not have the fewest primary activities and the lowest costs in the industry.

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