Of All the Value Creation Activities in a Firm, Which

question 63

Multiple Choice

Of all the value creation activities in a firm, which of the following creates value by discovering consumer needs and communicating them back to the R&D function of the company, which can then design products that better match those needs?

• A)Production
• B)Marketing and sales
• C)Human resources
• D)Logistics
• E)Information systems

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Definitions:

Job Interview

A formal meeting between a job applicant and a potential employer to assess the applicant's suitability for a position.

Rounds of Interviews

A series of formal conversations conducted to assess candidates for employment or other positions.

Telephone Interview

A method of conducting an interview or gathering information over the phone rather than in person.

Mobile Phone

A portable telephone device that uses a network of radio stations to enable voice and data communication over long distances.