Support Activities in the Generic Value Chain Include All of the Following

question 110

Multiple Choice

Support activities in the generic value chain include all of the following EXCEPT which one?

• A)procurement
• B)market research
• C)human resource management
• D)firm infrastructure
• E)technology development

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Definitions:

Intermediate Product

Goods that are produced and used as inputs in the production of other goods, rather than being sold directly to consumers.

Processed Further

A decision in cost accounting regarding whether or not to continue adding value to a product beyond the split-off point.

Differential Revenue

The difference in revenue expected from two different business decisions or scenarios, often considered when evaluating options.

Variable Costs

Costs that vary in total dollar amount as the level of activity changes.