The Value Chain Consists of Value-Adding Service Delivery Strategies That

question 12

True/False

The value chain consists of value-adding service delivery strategies that are primarily operations (clinical) and marketing oriented as well as value-adding support strategies that include organizational culture, organizational structure, and strategic resources.

Analyze the impact of government interventions such as price floors, taxes, and price ceilings on market equilibrium.

Understand and calculate the elasticity of demand and supply and its implications on market behavior.

Analyze the impact of external changes to demand or supply, such as changes in consumer preferences or technological improvements.

Understand the relationship between the elasticity of supply and demand and tax incidence.

---

Definitions:

Store

A physical or digital place where goods or services are offered for sale.

Groove Music library

A digital collection within Microsoft's Groove Music app, where users can store and organize their music files.

OneDrive

A Microsoft cloud storage service that allows users to store files and data online, enabling access from anywhere and sharing with others.

Groove Music

A digital music streaming service by Microsoft that allows users to listen to a library of music tracks, previously known as Xbox Music.