What is the difference between primary and secondary activities in the value chain? Describe the functions of configuration and coordination in these value activities
What will be an ideal response?
A value chain has primary and secondary activities. Primary activities are those involved in the physical movement of raw materials and finished products, in the production of goods and services, and in the marketing, sales, and subsequent services of the outputs of the business. Secondary activities make up the managerial infrastructure of the firm that supports carrying out the primary activities. The support activities include the processes and systems installed to coordinate decisions and transactions among the various value activities. Secondary activities apply to each primary activity. An MNEs competitiveness depends on efficiently distributing value activities and effectively linking them. Distributing value activities around the world is the matter of configuration. Linking them is the matter of coordination. Configuration and coordination, flip sides of the value chain coin, are intrinsically related.
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The term ________ is used to describe how well a process makes units within design specifications (or tolerances)
Fill in the blanks with correct word
Laura only makes minimum wage, but she loves her job. Her supervisor regularly compliments her and she has been chosen employee of the month twice this year
Based on this information, which of the following is most likely to be the reason Laura likes her job? A) recognition B) motivation C) goal setting D) empowerment E) autonomy