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.

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Definitions:

Counterfeiting

The creation of imitation products, currency, or documents with the intent to deceive or defraud by passing the fake item off as genuine.

Trademarks

Legal symbols, words, or phrases registered to represent a company or product, used to distinguish them from competitors.

Embezzlement

The fraudulent appropriation of the property or money of another by a person to whom it has been entrusted.

Fraudulent Appropriation

The illegal use or misallocation of funds or property that belongs to someone else without their authorization, typically with deceitful intent.