Question

If you were advising which actions a company should take to perform value chain activities more cost effectively, you would not recommend that the company Multiple Choice redesign its products to eliminate those features that might have market appeal, but would excessively increase production costs. improve its supply chain efficiency. take full advantage of both experience and learning curve effects. attempt to operate its facilities at full capacity. strive to capture all available economies of scale.

Answer 1

Answer: redesign its products to eliminate those features that might have market appeal, but would excessively increase production costs.

Explanation:

The main aim of every organization are typically cost minimization and profit maximization. If I wanted to advise a company on the kind of actions to take to perform value chain activities more cost effectively, I'll tell them to improve their supply chain efficiency as well as use economies of scale and effective utilization of its resources.

Therefore, redesigning its products to eliminate those features that might have market appeal, but would excessively increase production costs is wrong as this will only lead to increase in cost.