The Value Chain of an Organisation

question 21

Multiple Choice

The value chain of an organisation:

• A)includes only those activities that are profitable
• B)is determined by what competitors choose not to do
• C)is the set of activities that the organisation undertakes or organises to deliver the product to the customer
• D)is determined by collaborating firms such that value-adding activities are arranged in a chain of value creation between collaborators

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Definitions:

Fuel Efficiency

A measure of how effectively a vehicle utilizes fuel, often expressed in miles per gallon (mpg) or liters per 100 kilometers (l/100km).

Computer-Assisted Interview

A surveying technique where the interviewer uses a computer to present questions and record responses, improving accuracy and efficiency.

Contradictory Responses

Reactions or answers that are in opposition to each other, indicating a lack of agreement or consistency.

Polite Responses

Courteous and respectful replies or reactions in a conversation or exchange.