Which of the Following BEST Describes the Value Chain

question 168

Multiple Choice

Which of the following BEST describes the value chain?

• A) The minimising of inventory levels to reduce storage, insurance and finance costs
• B) All activities that contribute to the continuous improvement of business operations
• C) A management information system which tracks the costs of products through the manufacturing process
• D) The whole sequence of activities that adds value to a company's products and services

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Definitions:

Depth Cue

Visual information that helps perceive the distance or three-dimensional characteristics of an object, scene, or spatial layout.

Interposition

A visual cue for depth perception where one object partially blocks the view of another, indicating that the blocking object is closer to the viewer.

Flat Canvas

Usually refers to a smooth, flat surface used by artists for painting.

Linear Perspective

A depth cue that parallel lines converge in the distance at a vanishing point on the horizon line.