An Organization's Value Chain Refers To

question 41

Multiple Choice

An organization's value chain refers to:

• A) the process of using cost information to manage the activities of the organization.
• B) the sequence of functions and related activities that add value for the customer.
• C) the process of collecting and recording valuable information in the accounting information system.
• D) None of these.

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Definitions:

Direction

In finance, it refers to the trend or movement of market prices or interest rates.

Profit Margin

A financial metric that shows the percentage of revenue that exceeds the costs associated with making or buying the goods or services sold.

Net Income

What remains as a company's profit once revenue is adjusted for taxes and expenses.

Return On Assets

A financial metric that measures the profitability of a company relative to its total assets, indicating how efficiently a company uses its assets to generate earnings.