Productivity is not important to value chain management

Indicate whether the statement is true or false.

Answer: FALSE
Explanation: Though value chain management is more effectiveness than efficiency oriented, productivity is still important. For example, customers may want a great pair of sneakers, but they also want the sneakers to have a reasonable price. Thus, steps along the value chain that can increase productivity and therefore keep the price low add value–a selling point–to the customer.

Business

You might also like to view...

The organizational development process will be perceived as unethical if

A) management excludes input from lower-level employees. B) the results of the intervention are not measured. C) the organization has a strong ethical culture. D) it is viewed as coercive and manipulative.

Business

The ________ authorizes the transfer of raw materials from the storeroom to the production floor

A) bill of materials B) production order C) materials requisition D) move ticket

Business