Value chain Support Flashcards
1
Q
Procurement
A
- How do you communicate with suppliers
- quality management
- cost control
- contract negotiation
Definition : the process of sourcing, purchasing, receiving, and inspecting all of the goods and services your business needs to operate
2
Q
Technology
A
- Research and development
- Automation
- inventory management
- what systems use technology?
3
Q
HR Management
A
- high skilled staff
- hiring
- training
- retaining staff
4
Q
Firm infrastructure
A
- managing practices
- does the structure support the strategic objective
- Does it enable effective decision making?
