Value-Chain Analysis Can Be Used to Determine If a Business

question 56

Multiple Choice

Value-chain analysis can be used to determine if a business is adding unique value in which of the following areas?

• A)product research
• B)human resources
• C)process innovation
• D)quality management
• E)all of the above

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Definitions:

Deductible Taxes

Taxes that can be subtracted from gross income to reduce taxable income, potentially lowering the amount of income tax owed.

Individual Returns

Individual returns refer to tax filings made by individual taxpayers, detailing income, deductions, and taxes owed or refunded.

Personal Property Tax

Taxes imposed on movable properties, such as vehicles and equipment, as opposed to real estate.

Deductible

An expense that can be subtracted from gross income to reduce the amount of income subject to tax, often related to business expenses, healthcare costs, and certain individual deductions.