Which of the Following Is True of a Value Chain

question 42

Multiple Choice

Which of the following is true of a value chain?

• A)It is a network of value-creating activities.
• B)It consists of only primary activities.
• C)It is specific to manufacturing industries.
• D)It nullifies the importance of support activities.

Learn how to position a product or service in the market effectively.

Appreciate the significance of customer responsiveness to marketing efforts.

Comprehend the role of differentiated targeting strategy and its benefits.

Understand the concepts and benefits of differentiated targeting strategies.

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Definitions:

Selection Decision

The process of choosing the most suitable candidate from a group of applicants for a job or role.

Organizational Development

Is a system-wide effort, managed from the top of the organization, to increase the organization’s overall performance through planned interventions.

Performance

The act of carrying out a task or function; often evaluated in terms of output quality, speed, or efficiency.

Assessment Center

An assessment center is a process used in the selection of candidates for a job, involving a variety of techniques designed to evaluate competencies important for success in that role.