Which of the Following Is an Accurate Statement About Value

question 85

Multiple Choice

Which of the following is an accurate statement about value chain analysis?

• A) The value chain concept can be applied only to manufacturing firms.
• B) The value chain concept can be applied only to high-tech firms.
• C) The value chain concept can be applied only to manufacturing and high-tech firms.
• D) The value chain concept can be applied to all firms, including service firms.

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Definitions:

Frequencies

The number of times an event occurs within a specified period, often used in the context of waves or signals.

Categorical Statistics

A branch of statistics that deals with variables that can be categorized into distinct groups and analyzes the frequency and distribution of these categories.

Class Relations

The ways in which classes (or sets) relate to each other, including inclusion, exclusion, and intersection relationships.

Relative Frequency

A measure of the proportion of times an outcome occurs compared to the total number of trials or observations.