Which of the Following Statements Is True of a Value

question 1

Multiple Choice

Which of the following statements is true of a value chain

• A) The pre- and postservice framework of a value chain emphasizes that service is a critical component of traditional manufacturing processes.
• B) The input-output framework of a value chain suggests that the value chain begins with inputs from customers.
• C) A value chain solely focuses on the operations function of an organization.
• D) A value chain is narrower in scope than a supply chain.

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Definitions:

Bacteria

Microscopic, single-celled organisms that can be found in a variety of environments; some are beneficial while others can cause diseases in humans, animals, and plants.

Background Extinction

The continuous, low-level extinction of species that has occurred throughout much of the history of life. Compare with mass extinction.

Continuous

A term used to describe a non-interrupted or unbroken series, sequence, or progression.

Low-Level

Referring to a minimal or reduced amount or degree in a given context.