Primary activities of a firm's value chain refers to
A) the activities completed to improve a firm's product and the processes used to manufacture it.
B) the activities involved with recruiting, hiring, training, developing, and compensating all personnel.
C) the activities such as general management, planning, finance, accounting, legal support, and governmental relations.
D) the activities involved in the physical creation of a product and its sale and transfer to the buyer.

Question

Quizplus · Accepted Answer

Primary activities in a firm's value chain include those involved in the physical creation of a product and its sale and transfer to the buyer. This includes activities such as inbound logistics, operations, outbound logistics, marketing and sales, and service. Options A, B, and C are not related to primary activities in a firm's value chain.

Primary Activities of a Firm's Value Chain Refers to