The Value Chain

question 46

Multiple Choice

The value chain

• A)reflects the production of goods within an organizational context.
• B)is concerned with upstream suppliers,but not downstream customers.
• C)results when all non-value-added activities are eliminated from a production process.
• D)is the foundation of strategic resource management.

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Definitions:

Conditional Affection

Offering love, support, or affection to someone based on certain conditions or criteria being met.

Incongruent

Not in harmony or keeping with the surroundings or other aspects of something; lacking agreement or consistency.

Self-Concept

An individual’s perception of self, incorporating attitudes, beliefs, and feelings about oneself, which can influence behavior and social interactions.

Defence Mechanisms

Psychological strategies brought into play by individuals, groups, or even nations to cope with reality and to maintain self-image.