Which of the Below Represents Procurement as Part of the Support

question 289

Multiple Choice

Which of the below represents procurement as part of the support value activities in a value chain analysis?

• A)Purchases inputs such as raw materials, resources, equipment and supplies.
• B)Applies MIS to processes to add value.
• C)Distributes goods and services to customers.
• D)Promotes, prices, and sells products to customers.

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Definitions:

Complex Activity

An activity involving multiple, often interrelated steps or processes that require a high level of skill, knowledge, or coordination to complete successfully.

Coordination

The organized arrangement or harmonious functioning of parts for effective results, often involving the integration of efforts among members of a group or organization.

Groupthink

A psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.

Cohesive Group

A group characterized by unity and strong bonds among its members, leading to higher levels of cooperation and collective action.