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.

---

Definitions:

Vendors

Entities or individuals that sell products or services, playing a crucial role in business supply chains and procurement processes.

QBO

QuickBooks Online (QBO) is a cloud-based financial management software designed for small to medium-sized businesses to handle accounting tasks online.

Onscreen Form

A digital or electronic form displayed on a screen, designed for data entry or information submission.

Bills

Documents that indicate the amount owed for goods or services provided, typically requiring payment within a specified timeframe.