In a short essay, explain how required capabilities can be an obstacle to effective management of a value chain

What will be an ideal response?

Answer: Required capabilities are the special abilities that value chain partners must have. Several of these, including effective coordination and collaboration, the ability to learn new skills and tasks, the ability to adapt to new situations and adopt new procedures, are capabilities that are difficult to acquire. Nevertheless, these skills and abilities are essential for a successful value chain, so managers must constantly press to make sure that all members of the chain have the qualities that are needed.

Business

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