A Value Chain (Is)

question 97

Multiple Choice

A value chain (is)

• A)describes the transactions that occur between the vendor and the consumer.
• B)a group of activities that improve the efficiency of a good or service.
• C)a group of activities that improve the effectiveness of a good or service.
• D)describes how a product moves through a distribution channel.
• E)describes total amount of money spent on making a product.

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Definitions:

Biological Maturation

The process by which organisms grow and develop as dictated by genetic factors, often following predictable patterns.

Watson

John B. Watson is considered the founder of behaviorism, emphasizing the importance of observable behavior and external stimuli, without the need to consider internal psychological states.

Gesell

Refers to Arnold Gesell, an American psychologist and pediatrician known for his studies in child development and for founding the Gesell Institute of Child Development.

Academic Discipline

A branch of knowledge that is studied and researched at the college or university level.