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:

Own Needs

The personal requirements or desires that drive an individual's purchasing decisions or actions.

Sales Success

The achievement of selling goals or objectives set by an individual or organization, often measured in terms of revenue or units sold.

Professional Sales Call

A structured and purposeful communication initiated by a salesperson to a potential customer or client with the aim of making a sale.

Prospect's Needs

The specific requirements or desires of potential customers that a company aims to fulfill with its products or services.