In the Context of Value Chain Analysis,____________ Activities Allow the Primary

question 59

Multiple Choice

In the context of value chain analysis,____________ activities allow the primary activities of production and marketing to occur.

• A) complementary
• B) secondary
• C) support
• D) subsidiary
• E) staff

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Definitions:

Variable Overhead

Costs that fluctuate with production volume, such as utilities or materials used in the manufacturing process.

Overhead Efficiency

The effectiveness with which an organization manages its overhead costs in relation to its operational activities.

Direct Labor-Hours

Cumulative working hours of employees specifically involved in the production process.

Variable Overhead

Costs that vary with the level of production or business activity, such as utilities or raw materials.