Value Chain Support Activities Include

question 2

Multiple Choice

Value chain support activities include:

• A)converting inputs into product
• B)developing advertising and promotional campaigns
• C)distributing the product to customers
• D)recruiting, hiring and training personnel

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Definitions:

Dramaturgical

A concept in sociology that analyzes human behavior as analogous to a theatrical performance, where individuals manage impressions in front of others.

Existentialist Philosophy

Based on the doctrine that existence takes precedence over essence and holds that human beings are totally free and responsible for their acts, and that this responsibility is the source of the dread and anguish that encompass them.

Stock Market Crash

A sudden and significant decline in the value of stock market shares, often leading to widespread financial panic and economic downturn.

Business Person

An individual who is involved in the activities of running or managing a business, which may range from a small enterprise to a large corporation, focusing on profit-making strategies.