The Value Chain Includes Which of the Following Activities

question 62

Multiple Choice

The value chain includes which of the following activities?

• A) designing and developing products and services
• B) producing products and services
• C) marketing and delivering products and services
• D) all of the above

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Definitions:

Economically Traced

The assignment of costs to a specific product or service based on the direct relationship between the cost and the object.

Activity-Based Costing

A technique which aims to assign costs to products or services based on the activities they require, providing detailed insights into spending and resource usage.

Critical Success Factors

Key areas or activities required for achieving an organization's goals or improving its performance.

Performance Measurement

The process of evaluating the effectiveness and efficiency of actions or operations, often using indicators or metrics.