Which of the following statements about company value chains is false? Each activity in a company's...
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Which of the following statements about company value chains is false? Each activity in a company's value chain gives rise to costs and ties up assets. The kinds of primary and secondary activities that comprise a company's value chain vary according to the specifics of its business. ♡ The combined costs of all the various primary and support activities comprising a company's value chain define its internal cost structure. All a company has to do to determine whether it is cost-competitive with rivals is compare the costs of its internally-performed value chain activities with the costs of internal activities performed by its rivals. When close competitors deliver much the same value to customers, charge comparable prices, and employ similar value chains, then competitive advantage accrues to the company that operates its value chain most cost efficiently. Land constit copyright violation Which of the following statements about company value chains is false? Each activity in a company's value chain gives rise to costs and ties up assets. The kinds of primary and secondary activities that comprise a company's value chain vary according to the specifics of its business. ♡ The combined costs of all the various primary and support activities comprising a company's value chain define its internal cost structure. All a company has to do to determine whether it is cost-competitive with rivals is compare the costs of its internally-performed value chain activities with the costs of internal activities performed by its rivals. When close competitors deliver much the same value to customers, charge comparable prices, and employ similar value chains, then competitive advantage accrues to the company that operates its value chain most cost efficiently. Land constit copyright violation
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Related Book For
Equity Asset Valuation
ISBN: 978-0470571439
2nd Edition
Authors: Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, Abby Cohen
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