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:

Median

The middle value in a set of ordered data, dividing the dataset into two equal halves.

Set of Data

A collection of data points or elements that have been systematically gathered for analysis or observation.

Mode

In a series of data, the value that shows up the most.

Letter Grades

Symbols used in educational systems to represent the quality of a student's performance.