The Value Chain Describes the

question 51

Multiple Choice

The value chain describes the

• A) competitive challenges a firm faces in a highly dynamic external environment.
• B) internal activities a firm engages in when transforming inputs into outputs.
• C) current consequences a firm experiences due to its decisions in the past.
• D) strategic advantages a firm experiences when its resources lack causal ambiguity.

---

Definitions:

Unconditioned Stimulus

An unconditioned stimulus is something that naturally and automatically triggers a response without any learning being involved.

Conditioned Response

A learned response to a previously neutral stimulus through conditioning.

Queer Theory

An academic field that explores and challenges the norms surrounding sexuality and gender, focusing on LGBTQ+ perspectives.

Feminism

A movement for the advocacy of women's rights on the ground of the equality of the sexes.