10 Questions
The value chain is a tool that helps analyze a company's activities and their contribution to its competitive position.
True
The SWOT analysis model was developed by the Harvard Business School in the 1960s.
False
The acronym SWOT stands for Strenght, Weakness, Opportunity, Threads.
False
The SWOT analysis helps companies identify where they can cut costs and how they can differentiate themselves from competitors.
True
The value chain only focuses on analyzing the supply side of a business.
False
Michael E. Porter introduced the SWOT analysis model in 1985.
True
The concept of the value chain originated from McKinsey & Co in the 1980s.
False
The acronym DAFO stands for Debilidades, Amenazas, Fortalezas, Oportunidades.
True
The value chain analysis aims to help companies understand their position in the market and how they can improve profitability.
True
The SWOT analysis is not related to identifying external threats and opportunities for a company.
False
Test your knowledge on supply chain management, process analysis, quality management, operations design and improvement, forecasting, inventory management, and more. This quiz is based on the content from Harvard Business Publishing's books such as 'Managing Quality', 'Designing, Managing, and Improving Operations', and 'Managing Inventory'.
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