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According to the Value Chain Model,when the Value Added by an Activity

question 116

True/False

According to the value chain model,when the value added by an activity exceeds the cost of the activity,the result is a profit for the business.


Definitions:

Increases

A rise in magnitude, quantity, or value of something.

Negative Correlation

A bond between two variables in which the elevation of one corresponds with the reduction of the other.

Increases

A term indicating a rise or growth in quantity, size, number, or extent.

Negative Correlation

A dynamic between two variables where an increase in one leads to a decrease in the other.

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