Identifying the Primary and Secondary Activities That Comprise a Company's

question 58

Multiple Choice

Identifying the primary and secondary activities that comprise a company's value chain

• A)indicates whether a company's resource strengths will ultimately translate into greater value for shareholders.
• B)reveals whether a company's resource strengths are well-matched to the industry's key success factors.
• C)is the first step in understanding a company's cost structure (since each activity in the value chain gives rise to costs).
• D)is called benchmarking.
• E)is called resource value analysis.

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Definitions:

General Fund

The primary operating fund of a governmental entity used to account for all financial resources except those required to be accounted for in another fund.

Restricted Contribution

Funds given to an entity with specific conditions or purposes attached, limiting their use.

Endowment Contributions

Financial gifts provided to an institution, typically with the stipulation that the principal remains intact while the investment income is used for organizational purposes.

Restricted Fund

Funds that are earmarked for a particular purpose or project by donors or grantors and cannot be freely used for any other expenditures.