Management > QUESTIONS & ANSWERS > WGU C483 Principles of Management Practice Questions and Answers 100% Pass (All)
A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? ✔✔delivery of products and services what happens when an effective value chai... n is created ✔✔profit margins are increased industry and market, competitor analysis, and social analysis are examples of which step in strategic planning process ✔✔analysis of exteral opportunities and threats skilled management, positive cash flow, and well known brands are examples of which component of the SWOT analysis ✔✔strengths what denotes skill or expertise in an activity that constitutes the roots of competitiveness in an organization ✔✔core competencies according to michael porters competitive environment model, how can suppliers influence strategic planning ✔✔uppliers can reduce manufacturing time and increase product quality a company offers unique products in its industry to crea [Show More]
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