A Value Chain Is a Series of Functional Activities That

question 74

True/False

A value chain is a series of functional activities that convert inputs into finished goods or services that customers value.

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Definitions:

Externally Motivated

Being driven by external factors or rewards, such as praise, money, or recognition, rather than internal desires or satisfaction.

Social Motives

Motives (such as the needs for affiliation and achievement) that are acquired through experience and interaction with others.

Extrinsic Motives

Motivations driven by external rewards or punishments rather than by the intrinsic value of the activity itself.

Activation Phase

A stage in the process of memory that involves the retrieval of information to use it actively.