What Are R&D,production,and Customer Service as Business Functions Included as Part

question 75

Multiple Choice

What are R&D,production,and customer service as business functions included as part of?

• A)Marketing
• B)Benchmarking
• C)The supply chain
• D)The value chain

---

Definitions:

Fair Value

An estimate of the price at which an asset or liability could be traded in a fair transaction between willing parties, other than in a liquidation.

Straight-Line Depreciation

A method for allocating the financial value of a tangible asset through its lifespan in even yearly payments.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset over its useful life.

Machinery and Equipment

Physical assets used in a business operation to produce goods or services, not including buildings or property.