Marketing and Sales Are Examples of a Support Activities in the Value

question 10

True/False

Marketing and sales are examples of a support activities in the value chain of an organization.

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Definitions:

Raw Materials

Basic materials or substances used in the initial stages of manufacturing or production.

Finished Goods

Items that are finished being made and can now be purchased by consumers.

Work-in-progress

Refers to the materials and goods that are in the process of being manufactured but are not yet completed.

Raw Materials

The unprocessed or minimally processed materials required to manufacture goods, often natural resources like wood, ores, and oil.