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Value chain and classification of costs, car company.
General Motors incurs the following costs:
a. Electricity costs for the plant assembling the Chevrolet Camaro
b. Transportation costs for shipping the Camaro to dealers
c. Payment to Shelby Designs for the design of the Camaro.
d. Salary of an engineer working on the next generation of Camaros
e. Cost of GM employees' visit to an auto show to demonstrate the Camaro
f. Testing the Camaro at the GM track
g. Payment to television network for running Camaro advertisements
h. Cost of brake pads purchased from outside supplier to be installed on the Camaro
Required:
Classify each of the cost items (a-h) into one of the business functions of the value chain.
1) Research and development
2) Design of products and processes
3) Production
4) Marketing and sales
5) Distribution
6) Customer service
Thyroxine
A substance generated by the thyroid gland that controls metabolism, the production of energy, and the processes of growth and development.
Posterior Pituitary
A part of the pituitary gland that releases hormones like antidiuretic hormone (ADH) and oxytocin into the bloodstream.
Neurohormones
Neurohormones are hormones produced and released by neuroendocrine cells into the blood to affect distant cells, acting as messengers in the body.
Tropic Hormones
Hormones that stimulate the release of other hormones from their target glands.
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