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.

---

Definitions:

Bad Habits

Repetitive negative behaviors that are often difficult to break and may have harmful effects on oneself.

Self-reinforcement

A process where individuals reward themselves for reaching a goal or maintaining a behavior.

Treat

To deal with, manage, or act toward something or someone in a specific manner, often implying giving medical care or attention.

Self-efficacy

An individual's belief in their own capacity to execute behaviors necessary to produce specific performance attainments.