The Whole Sequence of Activities That Add Value to a Company's

question 121

Multiple Choice

The whole sequence of activities that add value to a company's products and services is called:

• A)the value chain.
• B)the planning process.
• C)TQM production chain.
• D)enterprise resource planning (ERP).

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Definitions:

NPV

Net Present Value (NPV) is a method used in capital budgeting to evaluate the profitability of an investment or project, by calculating the difference between the present value of cash inflows and outflows.

CCA Class

A grouping within the Canadian Capital Cost Allowance system used for categorizing depreciable assets for tax purposes.

After-tax Operating Income

The profit a company generates from its core business operations after taxes have been subtracted, excluding non-operating income and expenses.

Equivalent Annual Cost

A financial analysis method used to compare the cost-effectiveness of different investments with unequal lifespans by converting their costs into an annualized format.