Which of the Following Statements Best Explains the Value Chain

question 33

Multiple Choice

Which of the following statements best explains the value chain model?

• A) The value chain is a model for evaluating the linkages between the various departments that make up the organisation.
• B) The value chain is a model for evaluating how value is added at all stages in the industry supply chain.
• C) The value chain is a model for evaluating the cost and value of the various activities performed by an organisation and how these activities are interlinked.
• D) The value chain is a model for evaluating which of an organisation's suppliers offers the best value for money.

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Definitions:

Reflexively

In a manner that involves or denotes an action performed as a reflex, without conscious thought, or as a response to oneself.

Excrete

The process by which living organisms remove waste materials from their bodies.

Permanent Cessation

The irreversible end of an activity, function, or existence; often used in reference to the cessation of biological life or specific bodily functions.