Each Stage of the Value Chain Not Only Adds Value

question 44

Multiple Choice

Each stage of the value chain not only adds value to the product but also ________.

• A) improves supplier relationships
• B) accumulates costs
• C) devalues the final product
• D) attracts competitors

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Definitions:

Net Income

The net earnings of a business once all costs, taxes, and interest payments are subtracted from its overall income.

Investing Activities

Financial transactions involving the purchase and sale of long-term assets and other investments, reflected in a company's cash flow statement.

Six-Month Note

A short-term financial instrument that matures or is due for payment within six months from the date it was issued.

Operating Activities

Activities directly related to the operation of the business, including production, sales, and delivery of the company's product.