A Value Chain Is the Sequence of Activities That Flow

question 117

True/False

A value chain is the sequence of activities that flow from raw materials to the delivery of a good or service, with value subtracted at each step.

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Definitions:

The Railroad

A mode of land transportation that uses a track of rails for trains to travel on, significantly transforming economies and societies worldwide since the 19th century.

Tenements

Multi-family residential buildings, often overcrowded and poorly maintained, historically associated with the working class and immigrant populations in urban areas.

Multi-Family Triple-Deckers

A type of residential building common in New England, featuring three stacked apartments, usually with one family per floor.

Townhouses

A type of terraced housing with multiple floors, sharing one or two walls with adjacent properties, usually found in urban areas.