The Primary Activities of a Firm Include

question 74

Multiple Choice

The primary activities of a firm include:

• A)inbound logistics,operations,outbound logistics,sales and marketing,and service.
• B)inbound logistics,operations,outbound logistics,technology,and service.
• C)procurement,inbound logistics,operations,technology,and outbound logistics.
• D)procurement,operations,technology,sales and marketing,and service.

---

Definitions:

Dumping

The practice of selling a product in a foreign market at a price that is lower than the domestic market or below the cost of production.

Price Discrimination

The strategy of selling the same product or service at different prices to different groups of customers, often based on willingness to pay, market demand, or other factors.

Exporting

The process of selling and shipping goods or services from one country to another.

Wealth Gap

The uneven distribution of assets among residents of a particular country or the world, leading to significant disparities in wealth and economic status.