A Value Chain for Nike Would Include Shoe Manufacturing as a Primary

question 61

True/False

A value chain for Nike would include shoe manufacturing as a primary activity and Nike branded stores as a support activity.

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Definitions:

Accrued Salaries

Wages that have been earned by employees but have not yet been paid out.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not intended to be sold within a year.

Average Collection Period

The average number of days it takes for a company to collect payments from its credit sales.

Collection Policy

The procedures and guidelines used by a company to monitor and manage the collection of debts owed to it.