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The Value-Chain Concept Assumes That Both Primary and Support Activities

question 17

True/False

The value-chain concept assumes that both primary and support activities can produce value for customers.

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Definitions:

Electronics Firms

Companies that specialize in designing, manufacturing, selling, or distributing electronic devices and components.

NAFTA

The North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States that eliminated most tariffs and trade barriers between the countries.

Country Success Factors

The critical elements or conditions that contribute to the economic, social, and political success of a country.

Region Success Factors

Key elements that contribute to the achievement or performance within a specific geographical area or region.

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