Which of the Following Types of Organizations Can Most Benefit

question 111

Multiple Choice

Which of the following types of organizations can most benefit from the implementation of value chain?

• A)Service firms
• B)Not-for-profit organizations
• C)Manufacturing firm.
• D)All types of organizations can benefit from the implementation of value chain

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Definitions:

Royalties

Payments made to the owners of intellectual property, such as patents or copyrights, for the use of their property.

Patent Ownership

The legal right granted to an inventor or assignee to exclusively produce, use, and sell an invention for a certain period of time.

R&D Activities

Research and development activities aimed at innovating and developing new products, services, or technologies.

Funding

The act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or government.