_____ Actions and Resources Are Those Actions in a Process

question 21

Multiple Choice

_____ actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

• A)Non-value-adding
• B)Necessary non-value-adding
• C)Value-adding
• D)Inventory surplus
• E)None of these answers.

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Definitions:

Tax

A financial charge or levy imposed by a government on individuals or entities, primarily used to fund public expenditures.

Deadweight Loss

Economic inefficiency created by a divergence from the optimal market equilibrium, often caused by taxes, subsidies, or other market interventions.

Beer

An alcoholic beverage made from the fermentation of cereal grains, primarily barley, with hop additions for flavor.

Milk

A nutrient-rich liquid food produced by the mammary glands of mammals, commonly consumed by humans as a beverage or used in dairy products.