Improving the paint quality on your product to make it last longer for your customer is an example of
A) value chain management.
B) value creation.
C) supply chain management.
D) PERT.
E) problem solving.

Question

Quizplus · Accepted Answer

Improving the paint quality on a product to make it last longer for the customer is an example of adding value to the product, which is the essence of value creation. Value chain management involves the coordination and management of all activities involved in creating value for customers. Supply chain management focuses on managing the flow of goods and services from suppliers to customers. PERT (Program Evaluation and Review Technique) is a project management tool for scheduling and coordinating tasks within a project. Problem solving involves identifying and solving problems within a business.

Improving the Paint Quality on Your Product to Make It