Human Resources and Other Support Functions Are Not Value-Creating Activities

question 86

True/False

Human resources and other support functions are not value-creating activities in the value chain; only value-chain activities create value.

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Definitions:

Correlation

A statistical measure that describes the extent to which two variables change together, but does not necessarily imply causation.

Cause-And-Effect

The principle that an action or event will produce a certain response or effect in the form of another event.

Negative Correlation

A relationship between two variables where one variable increases as the other decreases, and vice versa.

Computer Technology

The use of computers and software to manage information, including the development, maintenance, and use of computer systems, software, and networks for processing and distributing data.