Which of the following statements is true of business processes?
A)If a value chain's margin is negative, the value should be decreased.
B)Value chain activities differ based on the business processes being used.
C)If a value chain's margin is negative, the costs of the value chain should be increased.
D)The processes implementing a value chain must create sufficient value to cover their costs.

Question

Quizplus · Accepted Answer

The statement that best describes business processes is that the processes implementing a value chain must create sufficient value to cover their costs. This means that the activities within a value chain must generate enough value to outweigh the costs associated with them. The other statements are either incorrect or irrelevant to the concept of business processes.

Which of the Following Statements Is True of Business Processes