A Perspective in Which Business Is Seen as a Chain

question 53

Multiple Choice

A perspective in which business is seen as a chain of activities that transforms inputs into outputs that customers value is called:

• A) Value chain
• B) Value chain analysis
• C) Resource-base
• D) Process division

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Definitions:

Liquidating Dividend

A special dividend paid to shareholders when a company is partially or completely dissolved, representing a return of capital rather than profit.

High-Dividend Payout

A company's policy or practice of distributing a large portion of its profits to shareholders in the form of dividends.

Tax Exemption

A portion of income or transaction that is free from tax by law, reducing the taxable income or value.