The Value Chain

question 43

Multiple Choice

The value chain

• A)for all companies starts with research and development.
• B)is a strategy that integrates people and technology in all business functions to enhance relationships with customers, partners, and distributors.
• C)describes the flow of goods, services, and information from their initial sources to the delivery to consumers regardless if those activities occur in one or more organizations.
• D)is a strategy that can be focused on providing consumer goods at the lowest possible cost.
• E)is the sequence of business functions in which customer usefulness is added to products or services.

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Definitions:

Love

A profound and complex emotion expressing deep affection and personal attachment, encompassing a variety of feelings, states, and attitudes.

Geographic Mobility

The measure of how populations move over time within countries, regions, or from one country to another, often influenced by economic, social, or environmental factors.

Divorce Rates

The statistic that shows the number of divorces occurring among the population within a given time period.

Kin Ties

Relationships and bonds formed between family members or relatives.