Identify a True Statement About Value Chain

question 37

Multiple Choice

Identify a true statement about value chain.

• A)It is inclusive of the values, beliefs, and norms shared by all the employees of an organization.
• B)It represents the sum of all the policies and procedures-both written and informal-from each of the functional departments in an organization.
• C)It is composed of the key functional inputs that an organization provides in the transformation of raw materials into a delivered product or service.
• D)It helps coordinate with human resources in the recruitment, training, and development of personnel for all aspects of an organization.

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Definitions:

Bank Notification

A notification sent by a bank to its customers regarding updates, transactions, policies, or any other important information.

Litigation

Litigation is the process of taking a dispute to a court of law to be resolved through a lawsuit, including all the proceedings involved from filing to trial.

Stop-Payment Order

An instruction given to a bank by an account holder not to pay a specific check or payment that has been issued but not yet processed.

UCC

The Uniform Commercial Code is an extensive collection of regulations that oversee business dealings within the United States.