The value chain is used by:
A)only manufacturing and merchandising businesses.
B)only service and manufacturing businesses.
C)only service and merchandising businesses.
D)service,manufacturing and merchandising businesses.

Question

Quizplus · Accepted Answer

The value chain concept can be applied to businesses across different industries and sectors, including service, manufacturing, and merchandising businesses. It allows organizations to analyze their activities and processes to identify areas where they can add value and reduce costs, which can help them achieve a competitive advantage in their markets. Therefore, option D is the correct choice.

The Value Chain Is Used By