The Value Chain

question 46

Multiple Choice

The value chain

• A)reflects the production of goods within an organizational context.
• B)is concerned with upstream suppliers,but not downstream customers.
• C)results when all non-value-added activities are eliminated from a production process.
• D)is the foundation of strategic resource management.

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Definitions:

Achieve Potential

The process of realizing one's full capabilities or reaching the highest level of performance possible.

Health

According to the World Health Organization, is “the ability of an individual to achieve his [or her] potential and to respond positively to the challenges of the environment.”

Human Environmental Factors

Elements within the environment that are influenced or created by humans, affecting human behavior and activities.