A way of viewing company activities that breaks the activities down into components that can be individually optimized in terms of goals and strategies is known as the
A) primary business process.
B) accounting information system.
C) value chain.
D) internal control process.

Question

Quizplus · Accepted Answer

The value chain is a way of breaking down company activities into individual components that can be optimized in terms of goals and strategies. This includes analyzing each step in the process of creating and delivering a product or service, from procurement of raw materials to marketing and after-sales service. By understanding the value chain, a company can identify areas where it can improve efficiency and effectiveness, and ultimately increase profitability. The other options, such as primary business process or accounting information system, do not provide the same level of comprehensive analysis as the value chain. Internal control process is focused on ensuring compliance and minimizing risk, rather than optimizing performance.

A Way of Viewing Company Activities That Breaks the Activities