Which of the Following Primary Activities of a Value Chain

question 63

Multiple Choice

Which of the following primary activities of a value chain is responsible for receiving,storing,and disseminating product inputs?

• A) service
• B) operations
• C) inbound logistics
• D) sales and marketing

Understand the characteristics and definitions of different employment types.

Identify the sources for job applicant pools.

Recognize the effectiveness of various external recruitment methods.

Comprehend the importance of a positive recruiting experience for job applicants.

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Definitions:

Profit-maximizing Output

The level of production at which a firm achieves the highest possible profit, where marginal revenue equals marginal cost.

Higher Prices

An increase in the cost that consumers must pay to purchase goods or services.

Income Redistribution

The transfer of income from certain individuals or groups to others through mechanisms like taxes, welfare programs, and subsidies, aimed at reducing economic inequality.

Economic Profit

The gap between a company's overall earnings and all its expenses, comprising both direct and indirect costs.