Primary Activities Are Those Business Activities Through Which a Company

question 50

True/False

Primary activities are those business activities through which a company produces goods, thus creating value for which customers are willing to pay such as purchasing of materials, processing materials into products, and delivery of products to customers.

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Definitions:

Collectivism

A cultural value that emphasizes the importance of groups and community over individual action.

Cross-cultural Research

The study of the similarities and differences among cultures, often aimed at understanding and improving interactions between individuals from diverse backgrounds.

Cultural Response Biases

Tendencies for people from different cultures to respond differently to surveys or questions, often due to cultural norms or perceptions.

National Culture

The set of shared values, practices, traditions, and beliefs characterizing a nation or country.