Which of the Following Value Chain Activities Involves Transforming Raw

question 6

Multiple Choice

Which of the following value chain activities involves transforming raw materials into a finished product or service?

• A) operations
• B) inbound logistics
• C) marketing
• D) maintenance

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Definitions:

Financing

The process of providing or obtaining the funds necessary for business activities, purchases, or investments.

Operations

The day-to-day activities involved in running a business, such as production, purchasing, and distribution, aimed at generating profits.

Cash Paid

The actual outflow of cash or cash equivalents as payment for goods, services, or financial obligations.

Wages and Salaries

Payments made to employees in exchange for their labor or services, categorized as either hourly (wages) or fixed annual amounts (salaries).