Which of the Following Statements Regarding the Value Chain Is

question 114

Multiple Choice

Which of the following statements regarding the value chain is true?

• A) Service firms benefit from the value chain more than do manufacturing firms.
• B) Value chain components do not overlap.
• C) Value is not created until after the research and development stage.
• D) Administrative functions are not included as part of the value chain.

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Definitions:

Debt To Total Assets

A financial ratio that measures the proportion of a company's assets that are financed through debt.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity and operational efficiency of the business.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency.