Marcus Roberts is putting together a training session about value chain components. Which of the following would be a good example of a cost for the component of purchasing?
A) Advertising
B) Warranty repairs
C) Vendor certification
D) Patent applications

Question

Quizplus · Accepted Answer

Vendor certification is a cost associated with the purchasing component of the value chain, as it involves ensuring that suppliers meet certain standards before buying from them.

Marcus Roberts Is Putting Together a Training Session About Value