A Series of Steps Showing the Activities and Entities That

question 22

Multiple Choice

A series of steps showing the activities and entities that we need to coordinate in order for the company to execute its product or service is called:

• A) Customer value delivery
• B) Value chain
• C) STEP
• D) Customer value proposition
• E) Attributes model

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Definitions:

Allocating

The process of assigning or distributing resources or costs among various accounts, projects, or entities.

Residual Income

The amount of income that an individual or company has after all personal debts and expenses, including the cost of capital, have been paid.

Performance Measure

Criteria or benchmarks used to assess and compare the efficiency, effectiveness, and productivity of operations within an organization.

Investment Turnover

A measure of a company's ability to generate sales from its investments in assets, typically indicating efficiency.