In the Context of Value Chain Analysis,the Primary Activities of a Firm

question 113

Multiple Choice

In the context of value chain analysis,the primary activities of a firm include:

• A) manufacturing, materials management, marketing and sales, and service
• B) infrastructure (structure and leadership), human resources, and R&D
• C) R&D, sales, and materials management
• D) manufacturing, human resources, and materials management
• E) production, marketing & service, and sales

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Definitions:

Generally Accepted Accounting Principles

Generally Accepted Accounting Principles (GAAP) are a set of rules and standards used for financial reporting that are adopted by most U.S. companies for preparing their financial statements.

Managerial Information

Data and reports specifically prepared for managers within an organization to aid in decision-making and strategic planning.

Company's Operation

The day-to-day activities involved in running a business, which can include production, marketing, and management functions.

Internal Stakeholders

Individuals or groups within an organization who are directly affected by its activities, such as employees, managers, and owners.