Which of the Following Is True of a Value Chain

question 42

Multiple Choice

Which of the following is true of a value chain?

• A)It is a network of value-creating activities.
• B)It consists of only primary activities.
• C)It is specific to manufacturing industries.
• D)It nullifies the importance of support activities.

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Definitions:

Tennessee Court Of Appeals

An intermediate appellate court in Tennessee that reviews decisions from lower courts.

Lease

A contractual agreement where one party, the lessor, grants the other party, the lessee, the right to use an asset for a specified period in exchange for payment.

Illusory Promise

A statement that appears to be a promise but, upon closer examination, offers no commitment or assurance to act.

Option Contract

An agreement whereby the offeree gives the offeror a piece of consideration in exchange for the offeror’s agreement to hold the offer open for the specified period of time.