What changes must a company make if its value chain's margin is negative?
A) The value must be decreased.
B) The costs of the value chain need to be increased.
C) The number of stages in the generic chain must be increased.
D) The value must be increased so that it exceeds the cost.
D
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A(n) _____ is a gathering at which managers discuss employee performance ratings and provide evidence supporting their ratings with the goal of eliminating the influence of rating errors.
A. assessment center B. 360-degree performance appraisal C. reliability meeting D. performance leadership council E. calibration meeting
Which statement reflects the philosophy of the market-oriented era?
A. The customer is king B. Advertising and personal selling should be emphasized in order to make the sale. C. Firms should focus on value. D. Firms should take advantage of a seller's market. E. A good product will sell itself.