A value chain (is)
A) a group of activities that improve the effectiveness of a good or service.
B) describes how a product moves through a distribution channel.
C) a group of activities that improve the efficiency of a good or service.
D) describes total amount of money spent on making a product.
E) describes the transactions that occur between the vendor and the consumer.

Question

Quizplus · Accepted Answer

A value chain is a set of activities that a company performs to improve the effectiveness of its products or services, ultimately adding value for the customer.

A Value Chain (Is)