A Value Chain (Is)

question 44

Multiple Choice

A value chain (is)

• A) a group of activities that improve the effectiveness of a good or service.
• B) describes how a product moves through a distribution channel.
• C) a group of activities that improve the efficiency of a good or service.
• D) describes total amount of money spent on making a product.
• E) describes the transactions that occur between the vendor and the consumer.

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Definitions:

Modeling Desirable Behavior

Demonstrating behaviors that are positive or beneficial, encouraging others to emulate these actions.

Social Skills

The abilities necessary for effective interpersonal behavior and communication.

Etiquette

The customary code of polite behavior in society or among members of a particular profession or group.

Invisible

Anything that cannot be seen or perceived visually, often due to being intangible or hidden.