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Safari File Edit View History Bookmarks Window Help glo-bus.com GLO-BUS Corpora monterey skilled tra... https://fs16.formsit... https:/1s16.formsit. ://ts16 formsit... Chapter 4 Quiz Question 11 Next> Previous Two useful tools for determining whether a company's customer value proposition, prices, and costs are competitive are O SWOT analysis and activity-based cost analysis O competitive position assessment and activity-based costing O competitive strength analysis and SWOT analysis O value chain analysis and benchmarking. O SWOT analysis and key success factor analysis Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright O 2018 by Gio-Bus Software, Inc. e Previous Next Priv

Explanation / Answer

Question 12)

The following statement is false

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.

         To determine cost competitiveness, costs of both internal and external activities have to be considered

Question 13)

The most accurate picture is

How the combined costs of a company’s internally performed activities , the activities performed by its suppliers and the activities performed by its forward channel allies compare against the costs of the supplier – performed , internally – performed , and forward channel ally-performed value chain systems employed by rival firms

Question 14)

Benchmarking involves

Comparing how different companies(both inside and outside the industry) perform various value chain activities and then making cross company comparisons of the costs of these activities

Question 15)

Implementing the use of best practices throughout the company , but most particularly for high cost activities

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