The value chain ______.
A) creates value by delivering a product or service at a price that affords an organization a profit margin
B) is a form of outsourcing that allows different suppliers to make a profit
C) is a set of contractually tight agreements that chain organizations in relations of dependency
D) all of these

Question

Quizplus · Accepted Answer

The value chain refers to the activities that lead to the creation of value in a product or service, ultimately leading to a profit margin for the organization. It does not necessarily involve outsourcing or tightly coupled agreements.

The Value Chain ______