In the Context of the Primary Value Chain Functions, Which

question 4

Multiple Choice

In the context of the primary value chain functions, which of the following is a difference between the functions of research and development (R&D) and production?

• A) For physical products, R&D means manufacturing, whereas for physical processes, production involves developing new services.
• B) R&D is a process that is responsible for coming up with ideas for new production processes, whereas production is the function that actually provides a service.
• C) R&D involves dealing with distribution channels, whereas production involves finding the right market niches and promoting them in those markets.
• D) By differentiating through brand positioning, R&D increases the perceived value of a product, whereas production helps a company coordinate communication across functions with an organization.

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Definitions:

Feedback

Information provided to an individual or group about their performance or behavior, intended to guide future improvements.

Communication

The act of transferring information from one place, person, or group to another, often encompassing various mediums and methods.

Minimize Conflict

The process of reducing disagreements or disputes to ensure smoother interactions or negotiations.

Team Settings

The environment and conditions under which a group of people work together towards common goals.