Primary Activities of the Value Chain Provide Infrastructure Such as Procurement

question 12

True/False

Primary activities of the value chain provide infrastructure such as procurement, information technology, human resources, and accounting.

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Definitions:

Meganational Strategy

A strategy employed by companies that operate globally, aiming to balance the scale benefits of global operations with the need to adapt to local markets.

Value Chain

All the value-creating activities undertaken by the company.

Multidomestic Strategy

a marketing strategy that involves tailoring products or services to fit the needs and preferences of different national markets.

Cultural Trends

Patterns of behavior, practices, beliefs, and values that are prevalent within a society at a particular time, often influencing various aspects of life and business.