Value-Chain Analysis Can Be Used to Determine If a Business

question 56

Multiple Choice

Value-chain analysis can be used to determine if a business is adding unique value in which of the following areas?

• A)product research
• B)human resources
• C)process innovation
• D)quality management
• E)all of the above

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Definitions:

Great Depression

A severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States and leading to significant declines in industrial production, mass unemployment, and deflation.

Economic Thought

The study and ethoses regarding economics and its methodologies, including the insights and theories developed over time by economists.

Great Recession

A severe global economic downturn that took place from late 2007 to mid-2009, characterized by widespread financial crises and significant job losses.

Economic Theory

A set of principles and models that explain how economies function and how economic agents interact, covering a wide range of topics from microeconomics to macroeconomics.