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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:

Reinforcement Theory

A theory that posits behavior is motivated by its consequences, with reinforcement used to either increase desired behaviors or decrease unwanted ones.

Reinforcement and Reward

Strategies for strengthening or increasing a desired behavior by providing positive outcomes or incentives following that behavior.

Desirable Behavior

Actions or conduct encouraged within a group or society because it is considered beneficial or socially valued.

Frequency

The rate at which a wave-like pattern or phenomenon, like sound or electromagnetic radiation, occurs within a specific time period.

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