According to Porter, _____ Describes the Larger Stream of Activities

question 52

Multiple Choice

According to Porter, _____ describes the larger stream of activities into which a particular business unit's value chain is embedded.

• A) business strategy
• B) value system
• C) business integration
• D) value-added network

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Definitions:

Return On Investment

A financial metric used to evaluate the efficiency of an investment or compare the efficiency of several investments, measuring gain relative to cost.

Program's Effectiveness

A measure of how well a specific program achieves its goals and objectives.

Training Investments

Financial resources dedicated to the development and implementation of training programs or initiatives.

Categorizing Cost

The process of grouping costs into categories for better management and analysis, often used in budgeting and financial reporting.