Which of the Following Is True Concerning the Value Chain

question 69

Multiple Choice

Which of the following is true concerning the value chain of business functions?

• A) Managers should always proceed sequentially through the value chain, since distribution, for example, cannot occur before production is completed.
• B) Senior managers from individual parts of the value chain do not have a responsibility in deciding on the organization's overall strategy.
• C) An organization can only realize gains from having individual parts of the value chain work sequentially.
• D) The value chain refers to the value added to the customer from marketing.
• E) Senior managers from individual parts of the value chain have a responsibility in deciding how resources are to be obtained and used, and how rewards are to be given.

---

Definitions:

Hollywood System

The traditional practices, structures, and methods of the major film studios in Hollywood, focusing on the star system and genre films.

Nonlinear Flashback

A narrative technique used in storytelling where the chronological sequence of events is disrupted, often through the insertion of memories or past events at points in the story where they provide context or emotional depth.

Narrative Structure

The organizational framework of a story, outlining the way in which its plot is constructed, including the exposition, rising action, climax, falling action, and resolution.

Wartime Filmmaking

The production of movies during periods of war, often characterized by themes of patriotism, propaganda, and the depiction of heroism and sacrifice.