The Industry Value Chain Includes

question 74

Multiple Choice

The industry value chain includes

• A)shareholder value chain activities as well as firm activities.
• B)buyer and supplier value chain activities as well as firm activities.
• C)only firm activities.
• D)only firm production activities.

---

Definitions:

Uniform Distribution

A type of probability distribution in which all outcomes are equally likely.

Probability Density Function

An equation that indicates the probability of a random variable occurring at a certain value.

Interval

In mathematics, this refers to a range of numbers between two defined points, which can be either open or closed at each end.

Exponential Distribution

A probability distribution used to model the time between events in a Poisson process, describing the times between events in a continuous but rare occurrence.