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From the Four Selections Below,identify Which Are Necessary to Develop \quad

question 122

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From the four selections below,identify which are necessary to develop the value chain of a product or service.
1.Processes \quad\quad\quad 3.Nonvalue-adding activities
2) Departments \quad\quad 4.Value-adding activities


Definitions:

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of data points.

Sharpe Ratio

A measure that indicates the average return earned in excess of the risk-free rate per unit of volatility or total risk, assessing the performance of an investment.

Risk Aversion

The preference to avoid uncertainty and potential financial loss.

Holding-period Return

The total return received from holding an asset or portfolio of assets over a period of time, considering both income and capital gains.

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