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Service Provided to the Customer After a Purchase Is Not

question 57

True/False

Service provided to the customer after a purchase is not an activity associated with the value chain.


Definitions:

Rational Persons

Individuals who use reason and logic to make decisions, typically in economic theory, assuming that people aim to maximize their self-interest.

Correctness

The quality or state of being free from errors, inaccuracies, or faults.

Milton Friedman

An American economist known for his strong belief in free-market capitalism and for being a leading proponent of the efficiency of markets and the reduction of government intervention.

Social Obligation

The responsibility or duty of an individual or organization to act in the best interests of society at large, often beyond legal requirements.

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