The Value Chain Will Group a Company's Activities into Two

question 102

True/False

The value chain will group a company's activities into two categories: primary value activities and support value activities.

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Definitions:

Sports Franchise

A professional sports team that is part of a larger league and operates as a commercial enterprise, often owned by an individual, corporation, or group.

Restaurant Chain

A group of related restaurants in different locations that share a common brand, identity, and ownership, offering a similar menu of food and drink items.

Synergy

The interaction or cooperation of two or more organizations, substances, or other agents to produce a combined effect greater than the sum of their separate effects.

Media

Channels or systems of communication used to distribute content to a wide audience, including television, radio, newspapers, and the internet.