The costs of all six value-chain functions should be included when determining:
A)whether to add a new product line
B)the selling price of a service
C)whether to make or buy a component part from another manufacturer
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

All six value-chain functions (inbound logistics, operations, outbound logistics, marketing and sales, service, and support activities) should be considered in decision-making related to product lines, pricing, and production processes. Ignoring any one of these functions could result in inaccurate assessments of costs and potential profitability. Therefore, all the answer choices (A, B, and C) are correct.

The Costs of All Six Value-Chain Functions Should Be Included