The Term Value Chain Refers to the Idea That a Company

question 71

Multiple Choice

The term value chain refers to the idea that a company is:

• A) one of a series of units that comprise an industry segment.
• B) the producer of a series of customer-valued products that are linked together.
• C) a series of activities that transform inputs into products that customers value.
• D) one of a series of economic functions.
• E) a collection of various products and their attributes.

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Definitions:

Learning Behavior

The process through which individuals acquire new information or skills through experience, instruction, or study.

John B. Watson

An American psychologist who established the psychological school of behaviorism, advocating for the study of observable behavior.

Specific Behaviors

Refers to distinct actions or reactions of an individual in various situations, often observed in psychological studies to understand patterns or disorders.

Behaviorism

A theoretical perspective in psychology that focuses on observable behaviors, emphasizing the role of environmental stimuli in influencing responses.