All of the Following Are Examples of a Value-Added Activity

question 136

Multiple Choice

All of the following are examples of a value-added activity in a service company except

• A) delivering packages by a delivery service.
• B) ordering supplies.
• C) performing surgery.
• D) providing legal research for legal services.

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Definitions:

Declining Industry Argument

The rationale that certain industries are on a downturn due to factors like decreased demand or technological advancements, potentially justifying protectionist measures.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.

Trade Restrictions

Measures imposed by governments to regulate international trade, including tariffs, quotas, embargoes, and other forms of trade barriers, aimed at protecting domestic industries.

Dumping

Selling products in a foreign market at a price below the cost to produce them, often considered a form of predatory pricing.