What Are the Two Main Categories in a Value Chain

question 309

Multiple Choice

What are the two main categories in a value chain analysis?

• A)Primary value activities & secondary value activities.
• B)Primary value activities & support value activities.
• C)Primary value activities & strengthening value activities.
• D)None of the above.

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Definitions:

Goods And Services

Physical items that satisfy human wants (goods) and intangible benefits provided to consumers (services).

Barter

The direct exchange of goods and services without the use of money as a medium.

Rates Of Exchange

The value of one currency for the purpose of conversion to another.

Barter System

An exchange system in which goods or services are directly exchanged for other goods or services without the use of money.