Which of the Following Statements Is True of a Company's

question 70

Multiple Choice

Which of the following statements is true of a company's value chain?

• A) Marketing,sales,and customer service are the support activities.
• B) The research and development department coordinates the recruitment,training,and development of personnel for all aspects of the organization.
• C) The marketing department sources the components and builds the product.
• D) Supply chain management and operations are primary activities.

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Definitions:

Decision

The process of making choices among alternative courses of action.

Sunk Costs

Costs that have already been incurred and cannot be recovered, and thus should not affect future business decisions.

Future Costs

Costs that will be incurred in the future, impacting decisions on investments, production, and other business activities.

Relevant

Relates to or directly impacts the subject under discussion.