Which of the Following Statements Concerning the Value Chain Is

question 95

Multiple Choice

Which of the following statements concerning the value chain is false?

• A) The goal of a value chain is to find areas where a company can either add value or reduce cost.
• B) The value chain focuses on the entire production process, as well as the sale of the product and service after the sale.
• C) If a company cannot compete in a specific area of the value chain, it might outsource that portion of the value chain to another entity which can perform it better.
• D) Successful firms are ones that operate within the entire value chain, thereby overseeing every aspect of the value chain for the customer.

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Definitions:

Upper Half

This term can refer to the top portion of a given space or entity, often used in various contexts to denote the area or component that is above the midpoint.

Datasheet

A table or spreadsheet displaying data on various parameters, often used in software applications for data entry or presentation.

Validation Rule

A condition specified in a database or software application that data must meet before it can be entered or saved, ensuring data integrity.

Table

An arrangement of data made up of horizontal rows and vertical columns, often used to organize and present information in a structured format.