The Value Creation Activities of a Firm Are Categorized as

question 115

Multiple Choice

The value creation activities of a firm are categorized as

• A) primary activities and support activities.
• B) strategic activities and functional activities.
• C) ancillary functions and tertiary functions.
• D) primary activities and core activities.
• E) goal-oriented activities and organizational activities.

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Definitions:

European Union

A political and economic union of 27 member states located primarily in Europe, established to promote integration and cooperation among its members.

NAFTA

The North American Free Trade Agreement, a treaty entered into by the United States, Canada, and Mexico, aimed at eliminating barriers to trade and investment.

Corporate Codes of Conduct

A set of guidelines designed to help businesses operate in a legal, ethical, and responsible manner.

Labor Standards

The criteria relating to minimum wage, working hours, health, safety, and overall working conditions that employers must adhere to.