Which of the Following Statements Is True of a Value

question 1

Multiple Choice

Which of the following statements is true of a value chain

• A) The pre- and postservice framework of a value chain emphasizes that service is a critical component of traditional manufacturing processes.
• B) The input-output framework of a value chain suggests that the value chain begins with inputs from customers.
• C) A value chain solely focuses on the operations function of an organization.
• D) A value chain is narrower in scope than a supply chain.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.