The Value Chain Concept Is Composed of Two Types of Activities

question 20

Multiple Choice

The value chain concept is composed of two types of activities known as

• A)primary and support.
• B)primary and secondary.
• C)support and value.
• D)technology and support.

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Definitions:

Subsidiary

A company that is controlled by another company, commonly known as the parent company, through ownership of more than half of its voting stock.

Unrealized Loss

A loss that results from holding onto an asset that has decreased in price, but has not yet been sold.

Trading Investments

Investments in securities for the purpose of selling them in the near term to generate profit from short-term price fluctuations.

Statement of Income

A financial document that reports a company's financial performance over a specific period, detailing revenues, expenses, and net profit or loss.