The Goal of Value Chain Management Is to Create a Value

question 73

True/False

The goal of value chain management is to create a value chain strategy that meets and exceeds customers' needs and desires and allows for full and seamless integration among all members of the chain.

---

Definitions:

Personal Property

Any movable property that is not attached to or associated with the land. This includes physical objects such as furniture and vehicles, as well as intangible rights.

Limited Partners

Investors in a partnership who have limited liability to the extent of their investment and do not participate in day-to-day management.

LLLPs

Limited Liability Limited Partnerships, a form of partnership that provides limited liability to all its partners, not just the general ones.

Limited Partner

A limited partner is an investor in a partnership who is not involved in the day-to-day management and whose liability is limited to the amount invested in the business.