Which of the Following Is Essential for Good Value Chain

question 4

Multiple Choice

Which of the following is essential for good value chain management?

• A)The materials management function should hold greater inventories in order to increase costs.
• B)The marketing function should define business in terms of customer needs rather than the type of products.
• C)The production function should locate customers and persuade them to buy the company's products.
• D)The sales function should control the movement of physical materials from the procurement of inputs to delivery to the customer.
• E)The customer service function should focus on offering high-quality products at higher prices.

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Definitions:

Office Supplies

Consumable items used in offices for daily operations, such as paper, pens, and staplers.

Wages Earned

Refers to the total amount of wages that have been earned by employees for their work during a particular period, regardless of whether they have been paid.

Normal Characteristics

Typical features or qualities that are expected in the context of a specific situation, product, or entity.

Capital Letter

An uppercase letter used to signify the start of sentences or to denote proper nouns, emphasizing their importance.