Which of the Following Includes All the Activities Necessary to Convert

question 91

Multiple Choice

Which of the following includes all the activities necessary to convert raw materials into a good or service and put it in the hands of the consumer or business customer?

• A) the supply chain
• B) the value chain
• C) the channel of distribution
• D) the retailer chain
• E) the industrial network

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Definitions:

Enforceable

Legally binding; capable of being upheld or imposed in a court of law.

Concessionaire

An entity granted the right to operate a business within the premises owned by another, often in public or entertainment venues.

Price

The amount of money required to purchase a good or service.

Quantity

A specified amount or number of items.