Value Chain Activities

question 7

Multiple Choice

Value chain activities

• A) are used to identify the industry profit pool that the firm should target.
• B) show that there are multiple means that can be used to implement a business strategy.
• C) focus on the links between primary activities, because these are the true source of competitive advantage for the firm.
• D) can be used in not-for-profit organizations if the analysis focuses on support activities.

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Definitions:

Macrophages

A type of white blood cell that engulfs and digests cellular debris, foreign substances, microbes, cancer cells, and anything else that does not have the types of proteins specific to healthy body cells on its surface.

Lymphokines

A type of cytokine secreted by T cells that increases T-cell production and directly kills cells with antigens.

T Cells

A type of white blood cell that plays a critical role in the immune system, particularly in the body's adaptive immune response to specific pathogens.

Secretes

The process by which cells or glands release substances, such as hormones or enzymes, either into the bloodstream or into cavities inside the body or its outer surface.