Which of the following statements in the perspective of a value chain is TRUE?
A) Pre- and postproduction services complete the ownership cycle for a good or service.
B) Offshoring is the process of having suppliers provide goods and services that were previously provided internally.
C) Value chain integration includes improving external processes for the client, and not the internal processes.
D) A value chain is a narrower concept than a supply chain that focuses more on the physical movement of goods, not services.

Question

Quizplus · Accepted Answer

Pre- and postproduction services are indeed part of the value chain, as they contribute to the overall value delivered to the customer, completing the ownership cycle for a good or service. This includes activities like marketing, customer service, and after-sales support which add value beyond the mere production of the good or service.

Which of the Following Statements in the Perspective of a Value