A company with a value chain system that sells directly consumers is able toMultiple choice question.bypass the costs of distributors.reduce the need for cost drivers.increase overhead expenditures.develop better relationships with distributors.

Companies can reduce costs associated with a value chain system byMultiple choice question.replacing direct shipments with warehousing.hiring extra temporary employees.eliminating unnecessary steps.shifting centralized activities to individual stores.

A low-cost provider can use low prices toMultiple choice question.increase its number of employees.persuade potential customers to switch brands.encourage best-cost providers to change competitive strategies.offer premium features and services for its customers.

One of the most effective ways to manage a value chain efficiently is toMultiple choice question.hire more employees.work with rivals to provide better service.find innovative ways to keep costs down.attend value chain meetings.

A business’s major role is toMultiple Choiceenable healthy competition.ensure operating efficiency.facilitate manufacturing.satisfy customer needs.

Multiple Choice QuestionA way that traditional retailers can compete with online retailers is to:Multiple choice question.require an administered system for alluse franchises that deliverbe so efficient they can beat them on costincrease their market share