A Company's Value Chain

question 102

Multiple Choice

A company's value chain

• A) consists of the primary activities that it performs in seeking to deliver value to shareholders in the form of higher dividends and a higher stock price.
• B) depicts the internally performed activities associated with creating and enhancing the company's competitive assets.
• C) consists of two broad categories of activities: the primary activities that create customer value and the requisite support activities that facilitate and enhance the performance of the primary activities.
• D) concerns the basic process the company goes through in performing R&D and developing new products.
• E) consists of the series of steps a company goes through to develop a new product, get it produced and distributed into the marketplace, and then start collecting revenues and earning a profit.

---

Definitions:

Internal Users

Individuals within an organization, such as managers and employees, who use the company's financial information for decision-making.

Financial Accounting Standards Board (FASB)

An independent organization responsible for establishing and improving standards of financial accounting and reporting for the private sector in the United States.

Accounting Principles

Guidelines and rules that govern the accounting practices and procedures, ensuring accuracy and consistency in financial reporting.

Fraudulent Acts

Intentional deceptions made for personal gain or harm, involving financial transactions or manipulations.