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Companies persue closer coordination and collaboration with channel suppliers to better address customer needs inorder to
1) Develop human resource management activities that improve the skills, expertise and knowledge of company personnel.
2) Achieve low cost provider status through the value chain system.
3) Enchance differentiation through the value chain analysis.
4) Compensate for inadequate or outdated product capacity.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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