Which of the Following Is True of Value Chain Analysis

question 7

Multiple Choice

Which of the following is true of value chain analysis in a service organization?

• A)Value chain analysis has no direct application to service businesses.
• B)Most of the value in a manufacturing company is generated by the operations,marketing and sales,and service activities.
• C)Inbound logistics is the function that creates most value in service organizations.
• D)Outbound logistics is the function that creates most value in service-oriented companies.

---

Definitions:

Management Development

A process of training and mentoring to improve managerial skills and enhance the performance of managers within an organization.

Fundamentals

Represent the basic principles or foundational elements of a subject, skill, or field of study that are essential for understanding or building more advanced concepts.

Leadership

Leadership is the ability to guide, inspire, and influence a group towards achieving a common goal.

Judgmental Role

A role that involves making decisions or forming opinions about others often based on one’s personal biases or standards.