A Value Chain Is the Sequence of Activities That Flows

question 37

True/False

A value chain is the sequence of activities that flows from raw materials to the delivery of a good or service, with additional value created at each step.

Recognize the role and limits of Internet Service Providers (ISPs) concerning user privacy and the disclosure of user identities.

Examine the utility and legal considerations of cloud computing for businesses.

Understand the legal boundaries for employers monitoring employee communications.

Knowledge of legal actions available to entities against defamatory online statements.

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Definitions:

Competitive Advantage

The attribute that allows an organization to outperform its competitors, resulting in greater sales or margins and/or retaining more customers.

Cash Flow

Refers to the total amount of money being transferred into and out of a business, especially as affecting liquidity.

Applicant's Character

The assessment of an individual's moral and ethical qualities, often evaluated during the hiring or loan application processes.

Lender

An individual, institution, or entity that provides funds to another with the expectation that the funds will be repaid, typically with interest.