____ Describe the Relationships of a Firm's Value Chain Activities

question 19

Multiple Choice

____ describe the relationships of a firm's value chain activities that are performed with its suppliers and customers.

• A)External linkages
• B)Internal linkages
• C)Industrial value chain
• D)Both a and b

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Definitions:

Policymaking Process

The series of steps and actions by which governments create and implement public policy, including agenda setting, policy formulation, adoption, implementation, and evaluation.

Policy Formulation

The process of developing strategies and proposals to address specific issues or accomplish defined goals within a political, organizational, or governmental setting.

Stake

An interest or share in an undertaking, which could be financial, emotional, or professional.

Medicare

A federal health insurance program in the United States for people aged 65 and over, as well as for some younger people with disabilities.