Who Introduced the Concept of Value-Chain Analysis

question 94

Multiple Choice

Who introduced the concept of value-chain analysis?

• A) Ford
• B) Toyota
• C) Porter
• D) Smith
• E) Gates

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Definitions:

Operating Cycle

The average time period between the acquisition of materials for production and the receipt of cash from sales of the finished goods, critical for managing cash flow.

Current Liabilities

Financial obligations that a company is expected to pay within one year.

Liquidity

The ability to pay current obligations.

Liabilities

Financial obligations or debts that a company owes to external parties.