Which of the Following Is Not Considered a Category Within

question 118

Multiple Choice

Which of the following is not considered a category within the primary value activities in a value chain analysis?

• A) Inbound logistics
• B) Firm infrastructure
• C) Operations
• D) Service

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Definitions:

Demand For Labor

The total amount of workers that employers in the economy want to hire at various wage levels.

Surplus Of Labor

A situation where the supply of labor exceeds the demand for it, typically resulting in unemployment or lower wages.

Minimum Wage

The lowest remuneration that employers can legally pay their workers, intended to protect employees from unduly low pay.

Demand For Labor

The total amount of workers that employers are willing and able to hire at a given wage rate, in a given period.