What Does the Process Value Chain Consist Of

question 11

Multiple Choice

What does the process value chain consist of?

• A) design, production, and selling
• B) value, operations, and objectives
• C) satisfaction, innovation, and value
• D) innovation, operations, and postsales service

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Definitions:

Outstanding Checks

Checks issued by a company that have been recorded in its books but have not yet been cashed by the recipient.

Deposits In Transit

Deposits in transit refer to money that has been received and recorded by a business but not yet by its bank, often because of time needed for the banking processing.

NSF Check

A check that cannot be processed due to insufficient funds in the account it was drawn on, also known as a "bounced check."

EFT Deposit

An electronic funds transfer directly into a bank account, considered a safe and efficient way to transfer money.