Strategic benefits of Value Chain activities
What are the strategic benefits of value chain activities?
Expert
Relying on outside specialists to perform convinced value chain activities offers a number of strategic benefits:
i. Obtaining advanced quality and/or inexpensive elements than internal sources can offer.
ii. Enhancing the company’s ability to innovate by allying with “best-in-world” suppliers who have substantial innovative capabilities and intellectual capital of their own.
iii. Enhancing the firm’s strategic flexibility should consumer requirements and market circumstances suddenly shift.
iv. Enhancing the firm’s ability to collect diverse types of expertise efficiently and speedily.
v. Allowing the firm to focus its resources on executing those activities internally that it can execute superior than outsiders and/or that it requires having under its direct control.
What do you understand by the term Decision Making?
Briefly write down all the well known trait theories for the personality development?
What is the effect of encouraging change-resistant cultures?
Briefly define the Douglas McGregor theory?
Explain about the acquisition of an existing business.
Elucidate briefly BPMN standard for business process analysis and modeling?
What are the measurements for evaluating the competitive strength used?
What do you understand by the term Leading?
Write down the ‘Principle of Leadership’?
What do you understand by the term coordination?
18,76,764
1923666 Asked
3,689
Active Tutors
1437109
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!