Support Activities of the Value Chain Include

question 23

Multiple Choice

Support activities of the value chain include:

• A)Human resources/compensation systems
• B)Physical location management
• C)Distribution management
• D)Marketing management
• E)Management of post-transaction contacts

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Definitions:

Social Network Theory

A theoretical framework that examines the social structures made up of individuals or organizations and the interactions between them.

Networks Effect

The phenomenon whereby a product or service gains additional value as more people use it, often seen in telecommunications and social media platforms.

Network Effect

A phenomenon where the value of a product or service increases as more people use it, creating a positive feedback loop of growth.

Community Offers

Special deals or promotions offered to members of a community or social network, often to encourage participation or membership.