Illustrate how value chain activities can become core competencies and eventually distinctive competencies. Give an example for an organization you are familiar with.
Answer to relevant QuestionsIn an IFEM, would it be advantageous to list your strengths, and then your weaknesses, in order of increasing “weight”? Why? Draw a breakeven chart to illustrate a drop in labor costs. Which of the three basic functions of finance/accounting do you feel is most important in a small electronics manufacturing concern? Justify your position. Describe the production/operations system in a police department. In the Joy’s Daycare BE example in the chapter, how would a $1,000 annual advertising expenditure impact the business break-even point?
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