Which of the Following Is a Primary Activity in the Value

question 11

Multiple Choice

Which of the following is a primary activity in the value chain?

• A)receiving and handling of raw materials and other inputs
• B)negotiating prices with vendors
• C)finding suitable vendors to supply raw materials
• D)setting up contractual arrangements with various suppliers

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Definitions:

Compute

To calculate or process information by performing mathematical operations, often using a computer.

Unbiased Estimates

Statistical estimates that are expected to be equal to the true value of the parameter being measured, not systematically over or underestimating the true value.

Conservative Estimates

Predictions or calculations that are deliberately cautious or understated, often to ensure that outcomes will meet or exceed expectations.

Strengths

Aspects of an entity, be it an individual, team, project, or system, that represent positive attributes or competitive advantages.