Which of the Following Is TRUE of Supporting Activities

question 69

Multiple Choice

Which of the following is TRUE of supporting activities?

• A) Their contribution toward a product's value is negligible.
• B) Their contributions to margin can be calculated easily.
• C) Customer service is considered as a supporting activity.
• D) Negotiation of prices is considered as a supporting activity.

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Definitions:

Informed Exchange

A transaction where all parties involved have access to essential information relevant to the trade or deal.

Voluntary Exchange

A transaction where two parties freely agree to trade goods, services, or resources for mutual benefit.

Circumstances

The existing conditions or state of affairs surrounding and affecting an agent or event.

Trade

The exchange of goods and services between individuals or entities, often across borders, which can improve efficiency and contribute to economic growth.