Question 1
The most successful solutions or methods for achieving a business objective are called:
◦ best processes.
◦ core processes.
◦ value webs
◦ best practices.
◦ benchmarks.
Question 2
Which of the following is
not a true statement about value webs?
◦ Value webs are inflexible and cannot adapt quickly to changes in supply and demand.
◦ Value webs involve highly synchronized industry value chains.
◦ Value webs involve a collection of independent firms that use information technology to coordinate their value chains.
◦ Value webs operate in a less linear fashion than traditional value chains..
◦ Value webs are more customer-driven than traditional value chains.