Which of the Following Can Be Considered a Primary Activity

question 3

Multiple Choice

Which of the following can be considered a primary activity in the value chain process?

• A) procurement
• B) human resource management
• C) technology development
• D) inbound logistics
• E) firm infrastructure

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Definitions:

Fiduciary Relationship

A relationship based on trust such as exists between an attorney and a client, an agent and a principal, a guardian and a ward, a trustee and a beneficiary, or a director and a corporation.

Principal

A person who authorizes an agent to act on her or his behalf and subject to her or his control.

Independent Contractor

An individual who provides goods or services to another entity under terms specified in a contract or within a freelance arrangement, not as an employee.

Expressly Authorized

Granted clear and definite permission or authority to do something, usually in a specific manner.