Which of the Following BEST Describes the Value Chain

question 29

Multiple Choice

Which of the following BEST describes the value chain?

• A) A management information system which tracks the costs of products through the manufacturing process
• B) The minimizing of inventory levels to reduce storage, insurance and finance costs
• C) All activities that contribute to the continuous improvement of business operations
• D) The whole sequence of activities that add value to the goods and services sold to end-users