A value chain is ________.
A) the sequence of administrative policies implemented to promote economic integration by a government
B) the process of relocating manufacturing and production to valuable and cost-effective locations abroad
C) the process of integrating national economies during a financial crisis
D) the sequence of value-adding activities performed by a firm in the course of developing, producing, marketing, and servicing a product

Question

Quizplus · Accepted Answer

The value chain refers to the sequence of value-adding activities a company performs in the development, production, marketing, and servicing of a product, highlighting how each step adds value to the product or service.

A Value Chain Is ________