The major difference between value and a value chain is that only ________.
A) value covers tangible benefits
B) value covers intangible benefits
C) the value chain relates to a channel of distribution
D) the value chain covers the total bundle of benefits received by consumers

Question

Quizplus · Accepted Answer

Value covers intangible benefits, while a value chain is a series of activities that add value to a product or service, not specifically related to distribution channels or the total bundle of benefits.

The Major Difference Between Value and a Value Chain Is