Examlex

Solved

Which of the Following Primary Activities in a Value Chain

question 68

Multiple Choice

Which of the following primary activities in a value chain involves processing raw materials into finished goods and services?


Definitions:

Fractional Reserve System

A banking system in which only a fraction of bank deposits are backed by actual cash on hand and available for withdrawal.

Quartz

A hard, crystalline mineral composed of silicon dioxide, widely used in jewelry and as an industrial abrasive.

Medium Of Exchange

An intermediary instrument used to facilitate the sale, purchase, or trade of goods between parties.

Commodity Money

Money whose value comes from a commodity of which it is made, such as gold and silver, used historically as a medium of exchange.

Related Questions