Which of the Following Primary Activities in a Value Chain

question 93

Multiple Choice

Which of the following primary activities in a value chain involves moving and storing products,from the end of the production line to end users or distribution centers?

• A)Marketing and sales
• B)Outbound logistics
• C)Operations
• D)Service

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Definitions:

Create A Monopoly

A strategy or situation where a single company or entity gains exclusive control over a market sector, eliminating competition.

Deceptive Pricing

An illegal practice that involves intentionally misleading customers with price promotions.

Dumping

The practice of selling a product in a foreign market at a price below its domestic market price or below the cost of production.

Tariffs

Taxes imposed on imported goods and services, aimed at making them more expensive to protect local industries from foreign competition.