A ____ is a way of organizing the activities that each strategic business unit undertakes to design, produce, promote, market, deliver, and support the products or services it sells.
A)supply chain
B)supply group
C)value chain
D)value group

Question

Quizplus · Accepted Answer

A value chain is a set of activities that a company performs to deliver a valuable product or service to its customers. It includes both primary activities (such as inbound logistics, operations, outbound logistics, marketing and sales, and customer service) and support activities (such as procurement, technology development, human resource management, and infrastructure). By optimizing the value chain, a company can improve its competitiveness, profitability, and customer satisfaction.

A ____ Is a Way of Organizing the Activities That