The Support Activities in the Generic Value Chain Contribute Directly

question 43

True/False

The support activities in the generic value chain contribute directly to the production,sale,and service of the product.

---

Definitions:

Time Value

The concept that money available today is worth more than the same amount in the future due to its potential earning capacity, often used in evaluating investment opportunities.

Inventory Control

The process of managing inventory levels, orders, sales, and deliveries to ensure the right quantity of stock is available at the right time.

Sales Rise

An increase in the amount of products or services sold by a business within a specific period.

Safety Stock

An inventory buffer to prevent stockouts, typically held to account for variability in demand or supply.