The _____ Function of a Value Chain Ensures That the Company

question 146

Multiple Choice

The _____ function of a value chain ensures that the company has the right mix of skilled people to perform its value creation activities effectively.

• A) finance
• B) marketing
• C) human resource
• D) logistics
• E) marketing and sales

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Definitions:

Retained Earnings

Profits that a company keeps after dividends are paid, which are often reinvested into the business for growth or debt repayment.

Closed Economy

An economic model that remains isolated from global trade and international financial exchanges.

Private Saving

The portion of individual or household income that is not consumed and is set aside for future use, typically in the form of savings accounts, investments, and retirement accounts.

National Saving

National saving is the sum of private and public saving, representing the total amount of a nation's income that is not consumed or spent by the government.