The Value-Chain Concept Assumes That Both Primary and Support Activities

question 31

True/False

The value-chain concept assumes that both primary and support activities are capable of producing value for customers.

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Definitions:

Socialization

The process by which individuals learn and internalize the values, beliefs, and norms of their culture and society to function as its members.

Elderly

Refers to individuals in an older age group, often considered to be those aged 65 and above, who may experience unique social, health, and economic challenges.

Old Old

A term used in gerontology to refer to individuals typically aged 85 years and older, highlighting a demographic group that may have distinct health and social care needs.

Rural Areas

Regions characterized by low population density and vast open spaces, often focused on agriculture or other natural resource-based industries as opposed to urban areas.