Which of These Is a Support Activity in a Firm's

question 154

Multiple Choice

Which of these is a support activity in a firm's value chain?

• A) Operations
• B) Inbound and outbound logistics
• C) Customer service
• D) Human resource management

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Definitions:

Exponentially Distributed

Describes the time between events in a Poisson process, where events occur continuously and independently at a constant average rate.

Probability Density Function

A mathematical function that describes the likelihood of different possible outcomes in a continuous random variable.

Exponential Distribution

A continuous probability distribution that is used to model the time between events in a Poisson point process.

Poisson Model

A statistical model used to predict the number of events occurring within a fixed interval of time or space, assuming events occur with a known constant rate and independently of the time since the last event.