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.

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Definitions:

Organismic Needs

Basic requirements essential for an organism to maintain optimal health and functioning, typically including physiological and psychological needs.

Personal Growth

A process of self-improvement that involves expanding one's understanding, developing talents, and striving towards realizing one's potential.

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, or praise rather than internal factors like personal satisfaction or enjoyment of the task itself.

Financial Insecurity

A state of being unsure or having anxiety about one's financial future and stability.