Primary Activities Are Activities Where Value Is Added Directly to the Product

question 51

True/False

Primary activities are activities where value is added directly to the product.

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Definitions:

Remedies

Remedies are the means by which a court enforces a right, imposes a penalty, or makes another court order to impose its will.

Breach

A violation or infringement of a legal obligation, contract, or duty.

Buyer's Breach

A violation of contract terms by the buyer, such as failing to pay the purchase price or to accept delivery of goods.

Price Recovery

The process by which prices return to higher levels after a period of decline or correction in a market.