Primary Activities of a Value Chain Are

question 21

Multiple Choice

Primary activities of a value chain are

• A) marketing and sales.
• B) procurement.
• C) human resource management.
• D) infrastructure management.
• E) market research.

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Definitions:

Wholesaler

An intermediary in the distribution process that buys products in bulk and resells them to retailers or other businesses.

Industrial Goods

Products used in the production of other goods or services, not intended for direct consumption by consumers.

Merchandise Inventory

Goods held for sale to customers in the ordinary course of business.

Accounts Receivable

This term refers to the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.