Which of the Following Actions of a Sugar Manufacturing Company

question 112

Multiple Choice

Which of the following actions of a sugar manufacturing company is an extension of its value chain beyond its own primary and support activities?

• A)The company intensifies its marketing activities to cater to new customers.
• B)The company buys a large sugarcane plantation in another country.
• C)The company adds a few more distributors to extend the reach of its products.
• D)The company launches a new promotional campaign to attract more buyers.

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Definitions:

Broad Range

Refers to an extensive variety or a wide spectrum of items, ideas, or options available.

Risks

The possibility of suffering harm, loss, or a negative outcome as a result of engaging in an activity or decision.

Moral Hazard

The increase in risk-taking behavior when an individual or entity is protected from the consequences, typically in an insurance or financial context.

Insurer

An insurer is a company that offers insurance policies to individuals or entities, providing financial protection against losses or damages in exchange for premiums.