In a Value Chain, Service Involves _____

question 96

Multiple Choice

In a value chain, service involves _____.

• A)processing raw materials into finished goods
• B)identifying customer needs and generating sales
• C)activities to support customers after the sale of products
• D)tasks associated with receiving, storing, and disseminating incoming goods

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Definitions:

Net Income

This is the amount of profit left after all operating expenses, taxes, and interest are deducted from total revenues.

Taxes

Mandatory financial charges or levies imposed by a government on individuals or entities to fund public expenditures.

Debt Ratio

A financial ratio that compares a company's total debt to its total assets, indicating the proportion of assets financed with debt.

TIE

Times Interest Earned, a financial ratio that measures a company's ability to meet its debt obligations based on its current income.