In Regard to the Value Chain Model, Efficiency, Cost and Cycle

question 58

Multiple Choice

In regard to the value chain model, efficiency, cost and cycle time would be most related to

• A)suppliers
• B)inputs
• C)value creation processes
• D)outputs and outcomes

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Definitions:

Advertising Costs

Expenses related to promoting products or services, including media buys, marketing materials, and other promotional activities.

Fixed Cost

Expenses that remain constant for a given period and do not vary with the level of production output or business activity.

Thread

In computing, a sequence of executable instructions that can be managed independently by a scheduler.

Variable Cost

Costs that change in proportion to the level of production or business activity. This includes costs like raw materials and direct labor.