Which of the following is the CORRECT ranking of the
Value chain by level of skill of the labor force (lowest to
Highest skill levels)?
A)component production, assembly, marketing and sales, R&D
B)assembly, component production, marketing and sales, R&D
C)assembly, marketing and sales, component production, R&D
D)component production, marketing and sales, assembly, R&D

Question

Quizplus · Accepted Answer

The assembly stage requires the lowest skill level as it involves putting together pre-made components. Component production involves slightly higher skill levels as it requires technical knowledge to produce complex parts. Marketing and sales require higher skill levels as it involves understanding consumer behavior and sales strategies. R&D requires the highest skill levels as it involves research, development, and innovation. Therefore, the correct ranking would be assembly, component production, marketing and sales, and then R&D.

Which of the Following Is the CORRECT Ranking of the