The costs of all six value-chain functions should be included when determining:
A)the selling price of a service.
B)whether to make or buy a component part from another manufacturer.
C)whether to add a new product line.
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

All six value-chain functions (inbound logistics, operations, outbound logistics, marketing and sales, service, and supporting activities) contribute to the overall cost of a product or service, so it is important to consider them when determining pricing, outsourcing decisions, and expansion into new product lines. Therefore, all of the answer choices are correct.

The Costs of All Six Value-Chain Functions Should Be Included