One Activity Within the Value Chain Is Research and Development

question 1

Multiple Choice

One activity within the value chain is research and development.This activity can be identified as a

• A)firm infrastructure activity.
• B)human resources activity.
• C)technology activity.
• D)purchasing activity.

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Definitions:

Sold Units

The total quantity of units of a product that have been sold during a specific period.

Income Tax Rate

The income tax rate is the percentage at which an individual or corporation's income is taxed by the government, varying based on income level or earnings.

Contribution Margin Ratio

The ratio of contribution margin (sales minus variable costs) to sales revenue, indicating the percentage of each sales dollar remaining after variable costs.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a dataset, often used in calculating cost of goods sold or inventory valuation.