Each Stage of the Value Chain Not Only Adds Value

question 44

Multiple Choice

Each stage of the value chain not only adds value to the product but also ________.

• A) improves supplier relationships
• B) accumulates costs
• C) devalues the final product
• D) attracts competitors

---

Definitions:

Spanish Explorers

Adventurers from Spain who traveled to the Americas and other parts of the world in the 15th to 17th centuries, claiming territories and spreading Christianity.

Caribbean Islands

A diverse group of islands in the Caribbean Sea, known for their distinct cultures, languages, histories, and natural beauty, playing a crucial role in the Americas' history.

Protestant Revolution

Refers to the period of religious reform in the 16th century that led to the creation of Protestant Christianity, breaking away from the Roman Catholic Church.

European Monarchs

The kings, queens, emperors, or empresses reigning over countries in Europe, playing various roles from figureheads to absolute rulers depending on the country's system of governance.